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Old 05-02-2008, 09:02 AM
leahbeatle leahbeatle is offline
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Real Name: Leah
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Post As Gas Costs Soar, Buyers Flock to Small Cars

http://www.nytimes.com/2008/05/02/bu...524&ei=5087%0A
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Quote:
Originally Posted by The New York Times

Soaring gas prices have turned the steady migration by Americans to smaller cars into a stampede...

The switch to smaller, more fuel-efficient vehicles has been building in recent years, but has accelerated recently with the advent of $3.50-a-gallon gas. At the same time, sales of pickup trucks and large sport utility vehicles have dropped sharply.
In another first, fuel-sipping four-cylinder engines surpassed six-cylinder models in popularity in April...

But with oil prices expected to remain high for years, auto industry executives are seeing a turning point.
“The era of the truck-based large S.U.V.’s is over,” said Michael Jackson, chief executive of AutoNation, the nation’s largest auto retailer.

The article also mentions that this switch is a problem for US manufacturers, who are heavily invested in bigger trucks and SUVs, but personally, I hope they can revamp their fleets, go hybrid, and start to catch up.
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