
Fred Harteis News Articles- As Pump Prices Soar, Buyers Flock to Small Cars
by
maba
on Thu 01 May 2008 07:29 PM EDT
Fred Harteis News Articles- Soaring gas prices have turned the steady migration by Americans to smaller cars into a stampede.
In what industry analysts are calling a first, about one in five vehicles sold in the United States was a compact or subcompact car during April, based on monthly sales data released Thursday. Almost a decade ago, when sport utility vehicles were at their peak of popularity, only one in every eight vehicles sold was a small car.
The switch to smaller, more fuel-efficient vehicles has been ... more »