Economic crisis has small car sales making a U-turn
12:16 PM Mon, Dec 29, 2008 | Permalink
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Sales of small cars have taken the wildest ride in the auto business this year -- first up, then down -- and the gyrations may not be finished, according to USA Today. Though gas prices tumbled, some automakers are trying to juice sales of fuel-thrifty economy cars by slashing starting prices to less than $10,000. Small-car sales doubled during the first half of the year as gas topped $4 a gallon. By the end of November, sales levels had tumbled 63% from the peak. Even with the drop, the segment is holding up better than others because overall vehicle sales are so weak. "It's surprising," says Ford Motor analyst George Pipas. 
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Hope everything comes to normal very soon, as now fuel rates has decreased and even economy is becoming stability.
Rose.
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First of all congratulation for such a great site. I learned a lot reading article here today.
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I think its not the same now.
Rose.
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