The auto industry has always had a knack for rolling out new models at just the wrong time. Some fear that’s about to happen again. When gas prices spiked past $4 a gallon in 2008, automakers […]
The auto industry has always had a knack for rolling out new models at just the wrong time. Some fear that’s about to happen again.
When gas prices spiked past $4 a gallon in 2008, automakers realized they lacked smaller, more efficient cars like hybrids that embraced gas-saving technologies. In the past few years, automakers bet that midsize and compact sedans would reign supreme only to discover that buyers really wanted big SUVs again as gas prices fell.
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