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The Sudden Death Of The SUV

Posted by: Abhijeet Chavan

12 June 2008 - 10:00am

Gas-guzzling SUVs no longer rule the U.S. auto market.

"What's surprising isn't that SUVs are dead, but how quickly they fell...The major automakers have in the past year or so vowed to ramp up production of passenger cars, and industry watchers predicted sales of passenger cars would surpass those of trucks within in a couple of years. Instead, it happened almost overnight as fuel prices raced toward, and then surpassed, $4 a gallon...There will always be a market for pickup trucks and SUVs among contractors, law-enforcement agencies and the like, but Satori Aoki, chairman of Honda Motor Co., predicts the trend away from them is here to stay."

Full Story: Rising Gas Prices Finally Kill The Once-Mighty SUV
Source: Wired Autopia, June 10, 2008
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