Apparently the price of gasoline is not yet high enough to force a radical change in buying patterns. The Detroit Free Press reports on J.D. Power and Associates forecast for May autosales:
Research firm J.D. Power and Associates is projecting that May sales will be 11 percent higher than they were during the same month a year ago for pickups, 2 percent for SUVs, and 7 percent for vans. Thats with the help of massive incentives, of course.
Compact and midsize cars, despite being the most fuel-efficient, are expected to be up 3 percent and 2 percent, respectively. Full-sized cars, meanwhile, are projected to be down 5 percent.
Lets see what actually gets announced next week.