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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (483096)5/24/2009 4:28:13 PM
From: longnshort  Read Replies (1) of 1577626
 
With gas falling, trucks come back
Pickups and SUVs will outsell cars this month, according to sales trackers at Edmunds.com.

NEW YORK (CNNMoney.com) -- After nearly a year of flagging sales, low gas prices and fat incentives are reigniting America's taste for big vehicles.

Trucks and SUVs will outsell cars in December, according to researchers at the automotive Website Edmunds.com, something that hasn't happened since February.

Meanwhile, the forecast finds that sales of hybrid vehicles are expected to be way down.

"Despite all the public discussion of fuel efficiency, SUVs and trucks are the industry's biggest sellers right now as a remarkable number of buyers seem to be compelled by three factors: great deals, low gas prices and winter weather," commented Michelle Krebs, Senior Editor of Edmunds' AutoObserver.com.

This month, trucks and SUVs will make up 51% of all vehicles sold in the U.S., according to Edmunds.com. Before the spike in gas prices earlier this year, market share for trucks and SUVs had been even higher than that, said Edmunds.com sales analyst Jesse Toprak.

money.cnn.com
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