SUVs are selling out, compacts are gathering dust. But Fedzilla will fix all that. After all, why let the free market decide when our overlords know so much better what it is that we need.
Those new CAFE standards are proof that fedgov, now that Their Geniuses will be in charge of the auto industry, plan to go in exactly the opposite direction, and "give" the people what they don't want.
(Unless of course someone can come up with a great 7/8 seat SUV that meets those higher standards, still has power to haul, doesn't crumple in a crash, and lets the driver see what's coming up on the road. I will very happily buy one.)
If you've got your eye on a new SUV, don't blink.
It might be gone. Even with the auto industry mired in depression – sales are down nationally 36.5 percent – big vehicles such as the Ford Expedition and Chevy Tahoe are in tight supply because of drastic production cuts that automakers imposed last year as sales began to plummet.
Now, a year after $4-a-gallon gas nearly killed SUVs, some dealers in this market are selling them for window-sticker prices. Moreover, most late-model used pickups and SUVs have regained all of the thousands of dollars in trade-in value they lost last summer, dealers say.
Dealers love for demand to exceed supply, but many are concerned that they could run short of profitable trucks if the economy improves in the second half of the year. Their supply of cars – particularly compacts – remains high, they say.
Dealers facing tight supply of SUVs, trucks | News for Dallas, Texas | Dallas Morning News | Dallas Business News
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