|
Automotive Discussions Car People talking about the Car Business – This is the place where it happens |
|
Thread Tools | Display Modes |
01-03-2008, 11:29 PM | #1 |
Administrator
Join Date: Nov 2007
Posts: 14,869
|
Will $100/Barrel Oil impact the car shoppers?
The press and Wall Street like to focus on the fact that oil is now closing at over $100 per barrel.
Will this affect the retail buyer, or is it all just a function of the pump prices? |
01-13-2008, 07:26 PM | #2 |
Administrator
Join Date: Nov 2007
Posts: 14,869
|
Maybe it's not oil, but the Economy that will have an impact?
Concerns about the U.S. Economy are now almost as strong as those about the Iraq War when it comes to issues on the minds of American voters.
My guess is that most American's don't get too excited about the price of a barrel of oil, it's the price of gasoline at the pump that makes the biggest impact. And although the current price is high, it's lower than it was in the Summer. Concerns about the Economy, however, may have a greater impact on new-car sales. It appears that 2008 will be an interesting year. |
01-15-2008, 09:02 AM | #3 |
New Member
Join Date: Jan 2008
Posts: 4
|
When people see our 12/17 MPG sticker on a Touareg, they generally walk across the showroom to look at a Passat Wagon.
We get 10+ calls a day asking if we have new/used diesels. I think it's definately affecting the market. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Cool Smartphone Apps - Both Car Related and Non-Car Related | XDCX | General Discussions | 4 | 10-17-2013 03:01 PM |
Signet Financial Group closed - 100% Service Contract Refund Program | XDCX | Automotive Discussions | 0 | 05-16-2011 04:17 PM |
Are the SGS Mystery Shoppers still as active as they once were? | XDCX | Sales | 2 | 03-04-2011 06:38 AM |
Is 200,000 Miles the new 100,000? | XDCX | Automotive Discussions | 11 | 06-18-2010 06:23 AM |