The 12 fastest-selling new cars during the pandemic are almost all SUVs - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The 12 fastest-selling new cars during the pandemic are almost all SUVs

The Bolt EV, which sits in seventh place, is also the only non-SUV in the compilation. However, iSeeCar's list is topped by a different Chevy: the $19,000 Trailblazer subcompact SUV, which debuted with its 2021 model."Many of these fastest-selling vehicles are popular cars that are hard to find for reasons such as the effect of the pandemic on supply chains [or] they were produced in limited quantities," SeeCars CEO Phong Ly said.

To compare, a new car took 96.9 days, on average, to sell amid the start and peak of the pandemic in the US, according to the study. Before the coronavirus started ravaging across the country, cars spent an average of 57.8 days on the market, according to data points taken from November 2019 to February 2020.

iSeeCars analyzed over 4.8 million cars from the 2019 to 2021 model years sold between March and June 2020 for the study, although low-model cars, heavy-duty vehicles, and vehicles that ceased to exist after the 2020 model year were excluded from the study. Keep scrolling to see the rest of the fastest-selling new cars amid the pandemic, and the number of days it spent on the market:11. Buick Encore GX — 46.6 days on averageAccording to iSeeCars, the Encore GX has more cargo and passenger room than the already popular Encore model.9. Subaru Crosstrek — 44.7 days on average

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Better story: Why would someone purchase a brand new car given economic uncertainty, during a pandemic.

GretaThunberg got triggered...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Santa Barbara County, Prince Harry and Meghan Markle's new home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why do we need to talk about it? They are cute they are loved It here in covid it’s harsh just relax be happy enjoy things cuz life is going to get harder
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Sunrun strategy to provide clean power from customer batteries - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

TUI looking at new equity, divestments to cut COVID-19 debt pileTUI , the world's largest tourism company, said it was considering raising new equity from shareholders or selling off parts of the business to reduce debt taken on to survive the coronavirus pandemic.
Source: Reuters - 🏆 2. / 97 Read more »

Business Insider Subscription - Sign up TodayAs a BI subscriber, we’ll take you inside the companies you care about, industry analysis on new trends, and important interviews and info you can’t afford to miss. Subscribe now for up to 50% off your annual subscription
Source: BusinessInsider - 🏆 729. / 51 Read more »

3 Leadership Keys To Support Your Team Through A CrisisOf all the things business leaders have learned during the COVID-19 pandemic, the most important aspect of leadership is communication. Great thought 🙏🙏
Source: Forbes - 🏆 394. / 53 Read more »