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Sales Surge for All-Wheel-Drive Vehicles

February 24, 2014

Growing Demand for All-Wheel-Drive Vehicles Results in a Nearly 20 Percent Increase in Sales Over 2013

CHICAGO, Feb. 24, 2014 /PRNewswire/ — According to recent data from Cars.com, the leading online resource for buying and selling new and used cars and a comprehensive digital marketing resource for car dealerships and manufacturers, the extreme winter weather conditions across most of the United States resulted in a nearly 20 percent year-to-date increase in all-wheel-drive vehicle sales. As momentum within the automotive industry builds, data shows manufacturers correctly anticipated this surge in sales, effectively capitalizing on the prolonged winter.

“It’s clear that automakers planned for this growing demand in all-wheel-drive vehicles, anticipating regional needs, and car shoppers responded as expected,” said Jesse Toprak, chief analyst for Cars.com. “Our estimates show that Mid-Atlantic states, such as New Hampshire and Vermont, ranked among the highest in per capita all-wheel-drive sales, a strong indicator that both climate and recent weather conditions amplified consumer demand within the region.”

Cars.com reports that the majority of all-wheel-drive inventory in 2014 is in the Mid-Atlantic and Midwest regions – a combined 57.1 percent. The Southwest (3.9 percent) and South (10.8) contribute the least inventory. State-by-state, New York (10.4 percent), New Jersey (8.0), Pennsylvania (7.4), California (6.3) and Illinois (5.3) contribute the highest percentages of Cars.com all-wheel-drive inventory.

The most popular states in terms of all-wheel-drive concentration are New Hampshire with 3.34 times the all-wheel-drive inventory of what its population should account for, Vermont (3.03 times), Connecticut (2.90), New Jersey (2.84) and Massachusetts (2.27).

Further data from December 2013 suggests the top-selling all-wheel-drive models in the United States include:

        Rank                    Make/Model
        ----                    ----------

         1                      Honda CR-V
        ---                     ----------

         2                    Subaru Forester
        ---                   ---------------

         3                    Subaru Outback
        ---                   --------------

         4                     BMW 3-Series
        ---                    ------------

         5                     Nissan Rogue
        ---                    ------------

         6                  Subaru XV Crosstrek
        ---                 -------------------

         7                   Chevrolet Equinox
        ---                  -----------------

         8                        Audi Q5
        ---                       -------

         9                      Mazda CX-5
        ---                     ----------

         10                    BMW 5 Series
        ---                    ------------

          State Population (2013 est.)            U.S. Pop. (2013         % U.S.         % AWD on          Index
                                                       est.)               pop.       Cars.com, 2014

     Rank
     ----

      1     NH                          1,323,459             316,128,839       0.42%                1.40%       334%
     ---   ---                          ---------             -----------       ----                 ----        ---

      2     VT                            626,630             316,128,839       0.20%                0.60%       303%
     ---   ---                            -------             -----------       ----                 ----        ---

      3     CT                          3,596,080             316,128,839       1.14%                3.30%       290%
     ---   ---                          ---------             -----------       ----                 ----        ---

      4     NJ                          8,899,339             316,128,839       2.82%                8.00%       284%
     ---   ---                          ---------             -----------       ----                 ----        ---

      5     MA                          6,692,824             316,128,839       2.12%                4.80%       227%
     ---   ---                          ---------             -----------       ----                 ----        ---

      6     RI                          1,051,511             316,128,839       0.33%                0.70%       210%
     ---   ---                          ---------             -----------       ----                 ----        ---

      7     CO                          5,268,367             316,128,839       1.67%                3.50%       210%
     ---   ---                          ---------             -----------       ----                 ----        ---

      8     PA                         12,773,801             316,128,839       4.04%                7.40%       183%
     ---   ---                         ----------             -----------       ----                 ----        ---

      9     ND                            723,393             316,128,839       0.23%                0.40%       175%
     ---   ---                            -------             -----------       ----                 ----        ---

      10    AK                            735,132             316,128,839       0.23%                0.40%       172%
     ---   ---                            -------             -----------       ----                 ----        ---

    *Complete U.S. data
     set available upon
     request

ABOUT CARS.COM
Cars.com is an award-winning online destination for car shoppers that offers information from consumers and experts to help buyers formulate opinions on what to buy, where to buy and how much to pay for a car. Cars.com offers thousands of new and used vehicle listings, consumer reviews, side-by-side comparison tools, photo galleries, videos, unbiased editorial content and many other tools to take the drama out of car shopping. Cars.com puts millions of car buyers in control of their shopping process with the information they need to make confident buying decisions. Launched in June 1998, Cars.com is a division of Classified Ventures LLC, which is owned by leading media companies, including A.H. Belo (NYSE: AHC), Gannett Co., Inc. (NYSE: GCI), The McClatchy Company (NYSE: MNI), Tribune Company and The Washington Post Company (NYSE: WPO).

SOURCE Cars.com


Source: PR Newswire



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