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USA
Happy days are here again
Gone, or seemingly forgotten, are earlier US consumer fears about forever growing petrol pump prices

Published: Thu, 11 Dec 2014 16:22:19 GMT

California Petrol station Gas station

With fast sliding US pump prices, averaging today just $2.6 per US gallon of regular petrol compared with $3.3 exactly a year ago and more than $4 a gallon back in July 2008, it comes hardly as a surprise that earlier felt fuel-economy concerns have slipped way down the list of US consumersí vehicle purchase priorities.

Thatís the underlying message from latest US November vehicle sales patterns, showing that generally thirstier than average large Pick-ups and even industrial weight SUVs are making a previously unexpected big comeback. 

By contrast, the small and frugal cars that were expected to become the new auto norm in the US, perhaps best typified by Toyotaís Prius and Fordís Fiesta, appear to have slipped out of fashion.

Likewise, the cumulative sales share of hybrids has also hit the slippery slide
...more 

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