http://www.dworin.com/rose-pin/
Pin Reports Compact Vehicles to Continuously Gain Share in the US Market
According to real-time retail transaction data from the Power Information Network (PIN) a division of J.D. Power and Associates, compact vehicles are still gaining a greater share of the US new vehicle market as more models of compact cars are made available for consumers.
The compact share of the total new vehicle market rose from 27.9% in 2005 to 31.2% in 2006. During that time, the share of the midsize vehicles dropped from 42.8% to 40.4% while the share of the large vehicles plummets from 29.3% to 28.5%. It should be noted that six years ago specifically in the year 2000, compact vehicles accounted for just 23.8% of the market.
According to Tom Libby, Senior Director of Industry Analysis at PIN, “Growth in the compact vehicle segments is being driven, in part, by an increase in the number of models and the popularity of small crossover vehicles.”
Aside from the increase in the number of available compact models, price, styling and functionality are additional factors that contribute to the compact vehicle share growth. Libby also stressed that the prices of gas in 2006 may have caused some consumers to shy away from purchasing larger cars and trucks. Not to mention the high maintenance and repair cost of auto body parts of larger cars and trucks.
Libby further stated, “It will be interesting to see if prices stabilize at or below $2.00 a gallon, whether we see a return to larger vehicles…I don’t think we will.”
Due to the popularity of compact vehicles they are moving off dealer lots more quickly than they used to and are sold quicker than the typical new vehicle. Last December 2006, five out of the seven segments with the fastest turn rates were compact vehicle segments, with the compact premium CUV (28 days) ranking 1st and the compact basic car (35 days) segments ranking second.
Segment loyalty of compact vehicle owners specifically in the non-luxury sector is also increasing. Likewise, percentage of owners of both midsize and large non-luxury vehicles trading to a compact vehicle increased as well from 20.8% to 25.8%. There is also an increase from 7% to 9.1% among large non-luxury vehicle drivers.
And for this year, 2007, seven compact models have made their debut at the North American International Auto Show in Detroit. The seven compact models that were introduced focused on new smaller crossovers and more conventional small cars—and that’s according to Jeff Schuster, Executive Director of J.D. Power and Associates Automotive Forecasting.
Among the vehicles introduced during the 2007 NAIAS includes Ford Focus, Nissan Rogue, Volvo XC60 and some small crossover entries from Infiniti, Lexus, Cadillac and Audi. Volume in this segment is also expected to quadruple from 40,000 units in 2006 to 160,000 units by 2008, according to Schuster.
About the Author
Joe Thompson is the owner of a successful auto body shop in Ferndale, California. This 38 year old is also a prolific writer, contributing automotive related articles to various publications.
Jumbo Cling Rose Paper Pin
|
|
Xmas Gift 18K Gold Plated Ear Pin Fashion Black Rose Flower Studs Earring $0.01 |
|
|
Fashion 1 pc Rose Gold Brooch Pin Rhinestone Clear Crystal BH007 $0.01 |
|
|
18K Gold Plated Ear Pin Use Swarovski Crystal Blue Rose Flower Studs Earring $0.01 |
|
|
Clear Color Crystal Red Rose Pin Brooch P5 $0.01 |
|
|
Nice Exquisite Shining Rose Earring Disco Swarovski Crystal Ball Steel Ear pin $0.01 |
|
|
Fashion 1 pc Rose Gold Brooch Pin Rhinestone Clear Crystal BH006 $0.01 |
|
|
Unique 18K Gold GP Ear Pin Use Swarovski Crystal Heart Rose Flower Earring $0.01 |
|
|
Fashion 1 pc Rose Gold Brooch Pin Rhinestone Clear Crystal BH023 $0.01 |
|
|
Exquisite Shining Rose Earring Disco Swarovski Crystal Ball Steel Ear pin $0.01 |
|
|
Gold Plated Flower BROOCH PIN CLEAR Rhinestones Rose $0.01 |
|
|
Fashion Girls Charm Crystal Rhinestone Jewelry Brooch Pin Rose KC52S $0.01 |
|
|
Fashion 1 pc Rose Gold Brooch Pin Rhinestone Clear Crystal BH005 $0.01 |
|
|
SILVER PLATED BROOCH Pin BLACK Rhinestones ROSE FLOWER $0.01 |
|
|
Fashion 1 pc Rose Gold Brooch Pin Rhinestone Clear Crystal BH022 $0.01 |
|
|
Fashion 1 pc Rose Gold Brooch Pin Rhinestone Clear Crystal BH005 $0.01 |
|
|
Fashion 1 pc Rose Gold Brooch Pin Rhinestone Clear Crystal BH021 $0.01 |
|
|
Fashion Girls Charm Crystal Rhinestone Jewelry Brooch Pin Rose KC52S $0.01 |
|
|
SILVER PLATED BROOCH Pin BLACK Rhinestones ROSE FLOWER $0.01 |
|
|
4″ Sexy Rose Bud Leaf Brooch Pin Red Swarovski Crystal Flower New Pendant $0.01 |
|
|
Triple Rose Flower Pin Brooch Purple Swarovski Crystal $0.01 |
|
|
Beautiful Pink Rose Hair Pin $0.05 |
|
|
Beautiful Cute Rose Crystal SeaHorse Style Silver-plated Pin Brooch $0.10 |
|
|
Silky Rose Flower Hat Hair Clip Brooch Pin # Blue $0.12 |
|
|
Hair Clip Rose Flower Peony Hat Brooch Pin # Rose $0.34 |
|
|
Silky Rose Flower Hat Hair Clip Brooch Pin # Purple $0.45 |
|
|
VTG Gerry’s Art Nouveau Red Rose Flower Circle Eternity Brooch Gold Tone Pin NR $0.75 |
|
|
10PC Black Rose Clear Crystal Bridal Hair Pin Clips New $0.77 |
|
|
10*Purple Rose Clear Crystal Bridal Hair Pin Clips New $0.77 |
|
|
7 Pcs 3inch Silky Rose Flower Hat Hair Clip Brooch Pin qzstft yz07 $0.85 |
|
|
7 Pcs 3inch Silky Rose Flower Hat Hair Clip Brooch Pin jypusy yz07 $0.85 |