Quote:
Originally Posted by Sierra
 I must say this is the one time GM may be first in line with their hands on the pulse of the buyers. If you saw them last year at the any carshow. It was all about hybrids, going green and efficiency. Yes small cars. But they trucks were hybrids also. The market is cyclical. It will swing back to where people buy trucks again. I have my Sierra and I love it. Yes I have a 5.3 V8 in it. and I love every ounce of power it gives me. |
Cyclical, that word looks funny when I spell it. But that is what the market is.
Quote:
Originally Posted by Scotsman
In this instance that's not the case. Fuel prices will not go back down to where they once were and the worlds oil supply (most seem to agree) is depleting, not growing. Therefore we will have to drive more fuel efficient vehicles, vehicles that will get fuel economy numbers where the price of gas won't effect buyers as much as they are now driving less fuel efficient vehicles like trucks and SUV's. This is NOT a trend that will reverse.
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All of those same things were said in the early 70s, then again in the late
70's and early 80's. (Gas prices doubled back then too- from .70 up to 1.40)
and there was rationing (only certain # license plates could get gas that day) and loooooong lines at the pumps......Oil supply is probably not growing, but now we have hybrids, electric (Volt) and 300 hp V6s.
oh, that might not help...
Oh yea, gas did go back down below $1 afterwards and stayed for almost 20 years near $1.
We will adapt new tech, and smaller cars though.