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No fluke: new survey finds $4 gas is the tipping point

Last year, the reality of $4 gallons of gasoline (and, of course, economic uncertainly), caused a lot of changes in the auto industy in the U.S., from a drop in vehicle miles traveled to a decrease in big vehicle sales. Looks like that $4 level is the tipping point for any future changes in driver behavior as well, according to a new survey put out by Cars.com. The survey found that if gas were to shoot to over $4 a gallon again, 40 percent of car shoppers would "consider purchasing a new fuel-efficient car right away." About the same amount, ... Read more →

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