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Wednesday, December 29, 2010
Rising fuel prices threaten SUV sales (U.S)
Recently, sales of SUV’s and pick-up trucks have risen, but at late so have fuel prices, which may hinder sales and residual values of large SUV’s and pick-ups. With fuel prices across the States averaging around $3 a gallon, it’s signing the highest levels observed since October 2008. An additional ¢50 may see customers purchasing smaller vehicles. “If you see a ¢20 -¢30 price increase per