Searches for Fuel-Efficient Vehicles Slow as Gas Prices Lower
CNN Money reports that Cars.com showed significant consumer decrease in interest for fuel-efficient cars in July. Perhaps not coincidentally, July also saw a drop in gas prices from $3.04 per gallon (87 octane) mid-month to $2.88 per gallon on July 30.
“‘As gas prices decline, we are starting to see people searching for crossover vehicles and some SUVs,’ said Patrick Olsen, managing editor of Cars.com. ‘ We have yet to see a sustained movement away from gas-guzzlers.’”
The site also showed an increase in interest for crossover-vehicles, which tend to get comparablly good gas mileage to station wagons and sedans. This news also comes as recent new car sales are down for all models.
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ramezalmualla
posted on August 13th, 2007 at 1:06 am
even thou I have a honda accord with ULEV-engine,I`m looking to get a hybrid soon…..wish me luck
rete7475
posted on November 19th, 2007 at 9:09 pm
I have been looking at the hybrids also seeing as how my husband is currenlty working for Toyota and that soon all their models will have the hybrid option….prius is really nice, great features and now the carolla, camry and highlander are available..soon the Rave 4 will be an option.
good luck