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MSNBC.com (2008) reports, (para. 14). “According to J.D. Power, nearly a third of buyers who traded in a mid-sized SUV picked a small crossover or compact car in the first quarter of this year.†So where did all the SUVs go? It seems high gas prices have driven consumers to trade in their guzzlers on small, fuel misers...
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Just as large SUVs dominated the market in the 1990s when gas prices were low, small cars are now the dominate market segment as gas prices are setting record highs. MSNBC confirms that small cars account for 18% of new car sales and is now the largest segment of the U.S. automobile market, and that gas prices are driving this small car popularity (MSNBC...
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