How to Know About Top 3 Automobile Market Trends of 2014

The automobile industry has been witnessing radical transformations for the past few years. Starting from a steep increment in the number of new vehicle registrations to technological up-gradations.

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How to Know About Top 3 Automobile Market Trends of 2014
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It is interesting to note that in the year 2013, the new vehicle registrations increased by a staggering 7.2% and the figures ascended up to 15.2 million.

It is interesting to note that in the year 2013, the new vehicle registrations increased by a staggering 7.2% and the figures ascended up to 15.2 million.

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The year 2013 witnessed an astounding growth of 19% in the number of Hybrid vehicle registrations and the top models in demand are Ford C-Max Hybrid, Toyota Prius, Lexus CT 200h and Fusion Hybrid.

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 Demand for the Electric and Hybrid Vehicles on the Rise   The registrations for hybrid vehicles and EVs (Electric vehicles) have been consistently increasing.

Demand for the Electric and Hybrid Vehicles on the Rise The registrations for hybrid vehicles and EVs (Electric vehicles) have been consistently increasing.

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Top models in demand are Ford C-Max Hybrid, Toyota Prius, Lexus CT 200h and Fusion Hybrid. Experts predict that this number will significantly increase in 2014 and the coming years.

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Experts predict that this number will significantly increase in 2014 and the coming years because of the preferential shift of the consumers.

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Sales Figures of Light Truck Expected to Stay Steady   Sports utility vehicles are again back on the wish list of the customers. Due to high gas prices a few years ago, the demand for the SUVs dropped

Sales Figures of Light Truck Expected to Stay Steady Sports utility vehicles are again back on the wish list of the customers. Due to high gas prices a few years ago, the demand for the SUVs dropped

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But, this year this vehicle segment has witnessed a rise in the demand and the registrations for this vehicle has increased at a 7% growth rate.

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Vehicles with 4 Cylinder Engines Evolving as a Preferable Choice     Cars containing smaller four-cylinder engines have evolved to be the primary choice for customers who want to save on fuel.

Vehicles with 4 Cylinder Engines Evolving as a Preferable Choice Cars containing smaller four-cylinder engines have evolved to be the primary choice for customers who want to save on fuel.

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It is important to note that the registrations for the cars with four-cylinder engines have increased by 12% in the year 2013, and it is yet to increase substantially in the coming years, as well.

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Apart from these, there have been other minute yet important shifts like the growth of vehicle leasing options and increase in sales of used cars.

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Experts predict that in the coming years, the consumers will get increasingly inclined to cars with advanced technology and radical changes again. For More info visit: www.autolightpros.com

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