12.15.2008

Autos: Government report on consumer preferences

Excerpt:

As a US Government report into the motor industry has stated: “The shift in consumer preferences towards smaller, more fuel-efficient passenger cars appears to be permanent.”


Comment: HT: The buyer's-market car

More:

(The report said this in 1980, a year after giving Chrysler $1 billion of bail-out money to arrest its spiral towards the plughole. Truly, there is nothing new under the sun.)

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