Chart of the Day: Vehicle Sales vs. Gas Price over Time

Here’s a chart that compares car and truck sales over the last decade. Ostensibly, it shows how increasing gas prices have led to more and more people buying cars instead of trucks.

gas prices trucks cars time hummer-oil-2300-396x800 gas-prices-trucks-cars-time

[via Washington Post.]

I don’t know. To me it says that nobody is changing much, or that the “shock” of gas prices is fairly short-term. Even though “gas is cheap” now, it’s hardly reached the low levels from a decade ago.

3 thoughts on “Chart of the Day: Vehicle Sales vs. Gas Price over Time

  1. Shawn

    Agreed, there’s hardly correlation here, let alone causation. The increase in truck sales in the early 2000s is more likely related to the expansion of SUV offerings than anything else.

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