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Originally Posted by TestDrive
2) What's your basis for saying Americans have forgotten that SUV's get crappy MPG. Fourth quarter sales were still way down the last time I looked.
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Still way down, but rebounding, even surprising the manufacturers:
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Last year, when the price of gas spiked above $4, Prius was selling out, and Honda Motor Co. Ltd. was setting monthly records for sales of its Civic compact car.
Robert Nardelli, chairman of Chrysler, talked about the reverse trend [of fuel prices in the US] at the show on Sunday, even as his company unveiled its hybrid-electric vehicles.
"If you went back six months ago, SUVs were dead," Mr. Nardelli said.
But at the moment, 35 per cent of Chrysler customers trading in their sport utility vehicles are buying new ones, he said.
"That's much higher than anyone would have expected," he added.
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source:
reportonbusiness.com: Plunging gas prices zap sales for new fleet of electric vehicles
I've seen actual monthly sales figures showing the SUV/truck rebound (dead cat bounce?), but am too lazy to look for them. :P