Friday, May 02, 2008

Sanity May Prevail ????

After years in the slow lane, cars may finally be taking back the roads from sport utility vehicles and trucks.

Soaring gasoline prices and flagging consumer confidence drove the industry to new depths last month, with shoppers -- when they did buy -- going for fuel-efficient, smaller cars. In a month that saw the lowest overall U.S. vehicle sales in 13 years, carmakers saw light-truck and SUV sales plummet 17.4% compared with April 2007, according to Autodata Inc., while passenger cars were up 5.2%.

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