It was occurring all over the country. SUV and large truck sales tanked miserably. Why do you think GM failed? My, how we have short term memory when it comes to the auto industry. There were waiting lists for Priuses and Smart cars because people finally put saving gas above their need for big gas guzzling vehicles. Unfortunately it was only due to their wallets being strained, as when gas prices fell, SUVs started selling again. History will be repeated though when gas prices climb again. GM will be no better off the next time around.
24th Dec 2011, 15:53
It was occurring all over the country. SUV and large truck sales tanked miserably. Why do you think GM failed? My, how we have short term memory when it comes to the auto industry. There were waiting lists for Priuses and Smart cars because people finally put saving gas above their need for big gas guzzling vehicles. Unfortunately it was only due to their wallets being strained, as when gas prices fell, SUVs started selling again. History will be repeated though when gas prices climb again. GM will be no better off the next time around.