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Cheap gas-price thrill won't last

2014-11-13 16:43:45| Auto Dealers - Topix.net

Reconfirmation of that familiar market-driven formula last week from that top-gear Motor City newspaper, the Detroit Free Press: "Falling gas prices bolstered consumers' growing preference for pickup trucks, SUVs and crossovers in October as new vehicle sales were strong enough to nearly guarantee 2014 will be the U.S. industry's best year since 2007." Mike Jackson, chief executive of AutoNation Inc., predicted: "The migration to trucks will turn into a stampede if these gas prices go lower or stay low.

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