SUVs Down, But Not Out
"Tom Libby, senior director of industry analysis for J.D. Power and Associates, points out that after five months of decline, June sales of full-sized SUVs rebounded, in large part due to incentives offered by GM. Libby thinks gas prices will have to rise well above $3 a gallon and stay at that price for a long time before there would be a permanent change in car-buying habits."
Thanks to Brenda Meyer