The re-designed Forester boosted sales for Subaru, while Hyundai and Kia launched new models appealing to younger drivers.  Existing models, such as the Sorento and Sedona posted strong sales growth (69% and 48%, respectively).  And Lincoln was the only U.S. brand to outperform the market (although sales remained in negative territory on a year-to-year basis).   Foreign automakers benefitted disproportionately from escalating gas prices because consumer perception that their vehicles, especially hybrids and diesel models, are more fuel-efficient.  Hybrids remain an exciting but emerging segment, as consumers take their time investigating the genre.  Meanwhile, consumer interest in the basic economy vehicle was solid when gas prices were high, but dropped sharply once gas prices dropped.

Read more about the positive developments in the auto industry in 2008, as well as consumer behavior with respect to shopping for and buying vehicles in the July edition of Consumer Insight

But buyers aren’t the only ones who benefit, as 62 percent of sellers use the Internet as a resource for researching the market, and 52 percent use it as a tool to actually sell their vehicle.

“There remains excellent growth potential for online auto resources.  Online publishers can lift their game by further improving functionality and content, with better search functions, inclusion of safety specs, comparison tools and use of improved imagery,” said Tony Boyte, Research Director – New Zealand at Nielsen Online.

Read the entire press release, which includes information about the full range of tools consumers use and a list of top web sites used by buyers, here.

Total North American auto sales are down 32% from October 2007 to October 2008 with November’s sales forecast not showing much improvement.

As the stock market continues its downward spiral and economic conditions deteriorate, consumers are talking online about holding tight to their wallets and are less likely to make a big purchase such as a vehicle.

The number of consumers that were seeking vehicle information on sites like AOL Autos, MSN Autos and Yahoo Autos began to decline around the June – July timeframe, which is exactly the same time that vehicle sales and the stock market began to fall. The unique audience levels for AOL Autos and MSN Autos have a strong correlation to vehicle sales especially in the last 3-months (1.0; 0.90 respectively); however, Yahoo Autos seems to be quite unique in the sense that over the last 12-months and even more recently there is no correlation between visits and sales (0.01, last 3-months).

Continue reading at Nielsen Online’s Blog, Connecting The Dots.