By Julie A. Enzweiler, Automotive – Research Director
One might assume that the unemployment rate at a state level would show a strong negative correlation to the likelihood to purchase a vehicle in the next six months, but this doesn’t appear to be the case. Michigan had the highest unemployment rate at 11.6% in January 2009; however, these residents are slightly over-indexing for the likeliness to purchase a vehicle in the next six months. It’s very interesting that Mississippi is the most likely state to purchase a vehicle and …

While buyers may be delaying new vehicle purchases, consumers still actively post tens of thousands of brand and vehicle related messages each month. In its latest Automotive Industry Overview, Nielsen Online found that consumers have enthusiastically responded online to the Hyundai Assurance program (which allows leasers to return a vehicle with no penalty if they lose their income). Since the plan debuted in January, 2009, more than 1,900 messages have been posted, helped by general curiosity, praise from the media, Super Bowl commercials and the Assurance Plus addition in February. …