January Sales Show Strong Automotive Industry

As the novelty of a new year wears off, it seems that the automotive industry has been continuing its steady profit increase that began in 2014. According to a recent WSJ article, the auto industry experienced nearly a 14% sales increase in the month of January alone. With gas prices decreasing, it is no surprise that pickups and sport utility vehicles were the majority of the cars sold.

When Congress bailed out General Motors Co. and Chrysler Group a few years back, President Obama’s goal of reaching 1 million EV sales by 2015 will not be met. Despite great tax incentives, consumers seem to be taking advantage of lower gas prices and are more willing to buy bigger cars such as pickups and sport utility vehicles.

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In the world of instant gratification and ever changing technology, it’s no wonder drivers want to upgrade their car as often as they do their phone. However if you’re stuck in your lease, breaking it could be costly. Why not exit your lease early by having someone else take over its remainder? By listing your lease on Swapalease.com you will be matched up with someone looking for a shorter commitment by taking over what remains on your lease.

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