On Bauer Business Focus — A conversation on the Houston auto market with Andrew Schneider, business reporter for KUHF 88.7 FM.
It’s a new year, and for Wyatt Wainwright, that may mean it’s time for a new car.
Wainwright, who is president of the Houston Auto Dealers Association, visited Bauer Business Focus recently to discuss the Houston Auto Show, an event held by the group every year to showcase up-and-coming makes and models.
“We just finished 2011 with the average age of a vehicle that’s on the highway in the United States at 10.8 years old. That’s the oldest it’s ever been, and we know that people have held back in the past are starting to turn loose and wanting to get into a new car,” Wainwright said. “I think part of the reason for the upward trend would be the continued low interest rates and the improving credit availability.”
The Houston Auto Show, slated for Jan. 25-29 at Reliant Center, is the unofficial annual kickoff for the city’s auto industry, he added.
“The Houston Auto Show really helps kick off the new year,” Wainwright said. “The show is just a time when everyone in the community can get out and see the new models and see where all the manufacturers are taking things.”
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