Higher Gas Prices Fail To Sway Consumers To Smaller Vehicles

The price of gasoline has skyrocketed this year, so consumers are clamoring to buy tiny, fuel-efficient vehicles, right?

Well, not so much, according to a study of buyer behavior conducted by the consultant firm AutoPacific.

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HSCenterconsole - 6/21/2011 1:40:28 PM

+5 Boost

This isn't surprising. Americans have NEVER been fans of small cars. They like SUV's and full size vehicles.

Joe_Limon - 6/21/2011 1:56:13 PM

+5 Boost

Now that we know higher gas prices don't sway consumers, can we lower prices again? :P

veyron1001 - 6/21/2011 2:01:18 PM

-5 Boost

Well that is because the Economy class in the US means built cheaply. Build premium economy cars and you will change the image. Premium does not mean a car with full options. From the ground up it needs to be high quality.

bfghemicuda - 6/21/2011 5:09:21 PM

+4 Boost

Ditto!!

mini22 - 6/21/2011 11:07:49 PM

+2 Boost

Also people are accustomed to higher gas prices now. Further a lot of the bigger vehicles get better gas mileage. For example a Ford Mustang V6 gets 31 mpg on the highway in an automatic V6.Car makers are offering a lot more V6 engines in SUVs and trucks this time around. I think a lot of people are more then happy to stay with a larger vehicles with a V6 that gets in the high 20's on the highway.I think to see people really change buying habits your going to have to see $5.00 per gallon now.That figure will be the new $4.00 a gallon from 2008.