Sales plunged at the nation’s big automakers as American consumers steered away from gas-guzzling trucks and SUV’s and into more fuel-efficient cars. It’s a trend analysts say is here to stay. Read more about the dismal month for U.S. automakers on Nightly Business Report and NewsHour.
Nightly Business Report/NewsHour
Auto Sales are Running Out of Gas
July 3rd, 2008 at 10:52 am
Tags: auto sales, fuel efficient cars, gas prices, NewsHour, Nightly Business Report, oil, oil prices
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Robert Says:
I’m afraid the auto makers waited too long to invest their money into research and development of more fuel efficent cars, now they are feeling the pain where it hurts the most, In the wallet.