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U.S. gas prices drop below $2.50 a gallon, boosting year-end auto sales

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"Every day seems to bring a bigger gift for drivers at the gas pump," said Michael Green, an AAA spokesman. "Gas prices have fallen 84 days in a row for a total of 87 cents per gallon, which is the second-longest consecutive streak on record."

The decline in U.S. gasoline prices is helping drive continued gains in sales of new light vehicles, notably crossovers, SUVs and pickups. U.S. light-vehicles sales are on pace to reach nearly 16.4 million in 2014.

It will be the fifth consecutive year U.S. deliveries have increased.

U.S. auto sales will end the year strongly, as December sales will be 10.4 percent higher than a year ago, J.D. Power & Associates and LMC Automotive said Thursday.

Read more: http://www.autonews.com/article/20141218/RETAIL/312189921/u-s-gas-prices-drop-below-2-50-a-gallon-boosting-year-end-auto-sales


2023 Cadillac CT4-V Blackwing

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It appears that the SAAR will come in right around 16.5 million this year; pretty good year (and recovery seems almost complete). The gasoline prices certainly haven't hurt recovery, and if the money (saved) didn't go into a new car purchase, it certainly did help (those) that might have been cash strapped (at least some of those people). Thanks for the post Bruce.


'19 CT6, '04 Bravada........but still lusting for that '69 Z-28

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