Skip to Content

ford-ceo


Ford figures it out: $3.50 gallons of gas is where consumers drew the line

American car buyers have been turning away from large trucks and SUVs for a while now, and Ford executives think they know what did it: $3.50 for a gallon of gasoline. Automotive News (subs req'd) reports that Ford CEO Alan Mulally spoke last night to automotive reporters and revealed that his company's internal sales data from early May (combined with earlier reports) shows that the move toward smaller vehicles "is more dramatic and permanent than previously projected," in AN's words. Mulally said that the $3.50 level was when buying shifts ... Read more →

No Content Style Defined.

Featured Galleries

  • Quick Spin: 2011 Chevrolet Volt pre-production prototype
  • Toyota iQ Livery
  • Tesla Store Monaco
  • 2009 Rolls-Royce Phantom
  • Smart ED production
  • Tesla Roadster audio recording for video games
  • Production i-MiEVs in the UK
  • Hyundai 2.4L direct injected Theta II
  • Mercedes-Benz Citaro FuelCELL-Hybrid bus
  • Chevy Volt hits the streets in Royal Oak
  • 2010 Nissan LEAF
  • 2010 Mercedes-Benz ML450 hybrid

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum