Heard At The Show: Snippets from SAE 2009 World Congress
Green Car Congress
APRIL 30, 2009
How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. Alexander Edwards, President, Automotive Strategic Vision believes the exodus from full size SUVs was caused by economic caution as much as higher gas prices. Cash for Clunkers.
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