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March Wraps Strongest Quarter For Houston Vehicle Sales Since 2004

Aggressive pricing helps power 13% gain over first quarter of 2013.

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Vehicle Sales, 12 Month Total, Houston Metro Area
Graph prepared by Greater Houston Partnership.

 March vehicle sales totaled close to 38,000 cars, trucks and SUVs – up 14 percent compared to February. Combined sales for the first three months of the year were 13 percent higher than those of the first quarter of 2013.

“The first quarter of this year is the best quarter of any quarter in the last ten years.”

Steve McDowell is president of Sugar Land-based InfoNation and publisher of TexAuto Facts. He credits the strong sales to a combination of low interest rates, healthy job growth, and aggressive pricing.

“General Motors, Ford, and Chrysler all have been extremely aggressive in pricing, particularly, their light trucks. We’ve seen more manufacturer incentives than we have for some time, and I think that’s getting some people to move in and decide this is the time to buy a car.”

Nationwide vehicle sales for the first quarter totaled roughly 3.7 million, up 1.4 percent over the same period last year.

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media's coverage of national, state, and local elections. He also reports on major policy issues before the Texas Legislature and county and city governments across Greater Houston. Before taking up his current post, Andrew spent five years as Houston Public Media's business reporter, covering the oil...

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