Chrysler, Honda, Nissan and Toyota betting on the old minivan comeback

Article by Christian A., on August 25, 2010

There are signs that the minivan will be making a comeback and carmakers are only too eager to prepare for this scenario. Later this year or early in 2011, Chrysler Group, Toyota Motor Sales USA., American Honda Motor Co. and Nissan North America will be introducing new-generation vans to the market.

Edmunds has noticed a sudden increase in Web traffic for consumers researching minivans on its site. On any typical month, only 2 to 3% of consumers on the site check out minivans but in April, this number rose to nearly 5%.

Ivan Drury, an Edmunds analyst, said that this represents a definite peak in interest. He assumes that the public has heard about the arrival of new minivans and they want to read about them.

Used-vehicle barometer LeaseTrader has also noted a rise in demand for minivans, with its Web site recording a 23% rise in interest in April.

LeaseTrader works by arranging lease-swaps for consumers who want to switch to another vehicle before their lease is up.

John Sternal, the company's vice president of marketing, revealed that these consumers who are in search of a minivan have commented that "crossovers are just too expensive and not practical enough."

If you liked the article, share on:

Comments

Recommended

One of the executives at Volkswagen tagged in the so-called Dieselgate scandal has pleaded not guilty to a list of allegations surrounding the carmaker’s actions to cheat emissions regulations in...
by - February 27, 2017
When the Crown De Luxe saloon was first released in 1972, it was at that time the most lavish Toyota model available to British customers. Both unusual and exclusive, one...
by - February 27, 2017
The ride-sharing fleet of sharing Lyft Inc. will soon include thousands of specially fitted self-driving Chevrolet Bolt electric vehicles, courtesy of General Motors. If plans push through, Lyft’s clients would...
by - February 27, 2017
J.D. Power has officially released the 2017 Vehicle Dependability Study, an annual list of the most dependable brands in the auto industry. Once again coming on top is Lexus, the...
by - February 26, 2017
Citroen revealed that its entry to the Chinese market is moving forward with the planned release of the new generation C5. While still on sale on this part of the...
by - February 26, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries