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Sept. 1, 2021, 5:03 a.m. EDT

These are the cars shoppers are looking at most

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Sean Tucker

The car shopping landscape has changed radically over the last two years, but one thing has stayed the same – more new car shoppers consider buying a Toyota /zigman2/quotes/200537742/composite TM -0.36% than any other brand. In the second quarter of 2021, 33% of nonluxury car shoppers had a Toyota on their list.

Kelley Blue Book’s quarterly Brand Watch report is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks up with its segment competitors on a dozen factors key to consumers’ buying decisions. Kelley Blue Book has published second-quarter results for the nonluxury market.

Ford inching closer to Toyota

Toyota saw its position at the top of the list threatened in the second quarter. Fully 31% of shoppers considered a Ford /zigman2/quotes/208911460/composite F -1.63% (up from 29% in the first quarter). Chevrolet made the list at 27%.

See: These are the car brands with the most inventory

Short supplies of some popular models played a role in the results. A world-wide shortage of microchips has left automakers pausing production lines throughout 2021, limiting the supply of some cars consumers would love to buy. The Toyota RAV4, for instance, is a perennial entry among the bestselling vehicles in the U.S. Yet RAV4 consideration fell 15% in the second quarter when the model was in exceptionally short supply.

Subaru /zigman2/quotes/200526066/delayed FUJHY +0.20% suffered the biggest drop in shopper consideration. Just 13% of shoppers considered a Subaru – a drop of 3 percentage points. Its Outback wagon and Forester SUV were among the 10 most considered cars, but both suffered supply problems during the quarter.

SUVs are still king

More shoppers — 64% — considered an SUV than any other type of vehicle. Passenger cars followed at 33%. But pickup truck consideration is beginning to recover, with 31% of shoppers entertaining the purchase of a truck, after falling to 29% at the beginning of 2021. Minivans brought up the rear, with 5% of shoppers considering a minivan.

Minivans, however, remain in heavy demand due to limited supplies. Dealers had a lower inventory of minivans than any other segment in the second quarter.

Also see: EV sales continue to gain ground

10 most considered models (includes ties):

1. Ford F-150

2. Chevy Silverado

3. Honda CR-V /zigman2/quotes/207173990/composite HMC 0.00%

4. Toyota RAV4

5. Subaru Outback

6. Ford F-250/F-350 Super Duty

7. Honda Accord

7. Toyota Tacoma

9. Ford Explorer

9. Subaru Forester

9. Toyota Camry

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$ 173.40
-0.62 -0.36%
Volume: 206,710
Oct. 22, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$241.85 billion
Rev. per Employee
$ 16.28
-0.27 -1.63%
Volume: 60.65M
Oct. 22, 2021 4:02p
P/E Ratio
Dividend Yield
Market Cap
$65.03 billion
Rev. per Employee
US : U.S.: OTC
$ 9.98
+0.02 +0.20%
Volume: 77,485
Oct. 22, 2021 3:45p
P/E Ratio
Dividend Yield
Market Cap
$15.36 billion
Rev. per Employee
$ 29.92
0.00 0.00%
Volume: 683,596
Oct. 22, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$51.94 billion
Rev. per Employee

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