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Trucks, SUVs Push Greater Houston Vehicle Sales To New Record

Plunging gas prices fueled a surge in SUV and truck purchases throughout the fourth quarter.

 

Falling oil prices gave a boost to Houston-area vehicle sales in December, according to the latest numbers from InfoNation’s TexAutoFacts. Dealer sales came to 25,528 cars, trucks, and SUVs, an increase of 11.7 percent compared to a year earlier.

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The December numbers pushed the 2014 total to 373,998. “The figures for the year were the highest ever for a year in the Houston region,” says Steve McDowell, president of InfoNation. “It beat the previous high by more than a couple of thousand sales.”

Trucks and SUVs accounted for more than 60 percent of dealer sales at year end. That continued a trend from October and November. “Those three months really were when oil prices and gas prices began to drop and to have their effect on consumers,” McDowell says, “so there’s no question that the increase of sales of trucks and SUVs is affected by lower gas prices.”

Houston-area vehicle sales have grown every year since 2009. McDowell says the streak is likely to snap this year due to layoffs in the oil industry.

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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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