Electric Car Blogging

Small car interest increasing, for now A new study suggests that consumers are paying close attention to the rising cost of gasoline, and that attention is having an impact on auto purchases. Many consumers are downsizing their engine, or even moving into smaller cars. Others, however, are waiting to see if these higher gas prices are sustainable. [...] [...]

The latest study by Kelley Blue Book once again confirms the fickleness of US car buyers when it comes to gasoline prices. In the second half of May, KBB surveyed 753 prospective car buyers and found that 87 percent expect gas prices to rise sharply. In April, just 66 percent believed gas prices [...] [...]