Bloomberg News

U.S. Fourth Quarter Automobile Affordability Index

February 28, 2012

The purchase of an average priced new vehicle took 23.1 weeks of median family income last quarter and 24.2 the previous quarter, according to the Comerica Automobile Affordability Index.

Following is a table compiled from the quarterly report:

===========================================================================
                      4Q     3Q     2Q     1Q     4Q     3Q     2Q     1Q
                    2011   2011   2011   2011   2010   2010   2010   2010
===========================================================================
Weeks of Income     23.1   24.2   24.0   23.6   23.7   23.9   24.1   24.1
===========================================================================
As published Feb. 14

SOURCE: Comerica Bank

To contact the reporter on this story: Ainhoa Goyeneche in Washington at agoyenechecu@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net


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