Smaller Cars
May. 2nd, 2008 07:32 amSmall cars are in; SUVs and pickup trucks are out
DETROIT — Soaring gas prices have turned the steady migration by Americans to smaller cars into a stampede.I'm feeling more green already.
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“It’s easily the most dramatic segment shift I have witnessed in the market in my 31 years here,” said George Pipas, chief sales analyst for the Ford Motor Company.
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“This shift appears to be a permanent situation,” said Jesse Toprak, chief industry analyst for the auto information Web site Edmunds.com. “These new products have become more fashionable, just like small, fuel-efficient cars are in Europe.”