Increasing Volt production from 15,000 to 16,000 cars amid a total market of 13 million new car buys is hardly worth the mention, much less a connection to gas prices
Steve Milloy , Bio and Archives--May 21, 2011
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Motorists aren't pushing the panic button, and neither are automakers [in response to high gas prices]. Owners of gas-guzzling trucks and SUVs, who rushed to unload them three years ago, are taking a wait-and-see attitude. Shoppers in the market for a new car or truck aren't delaying purchases, but shifting to smaller or more fuel-efficient vehicles — many of them from domestic brands. And consumer credit, which virtually dried up three years ago, is available to car buyers again. As a result, demand is holding up — 20 percent stronger this year, compared to last — as the industry's fragile recovery continues. U.S. car and truck sales are expected to reach 13 million vehicles this year, comparable to 2008 but well above 2009's 10.4 million tally.]Increasing Volt production from 15,000 to 16,000 cars amid a total market of 13 million new car buys is hardly worth the mention, much less a connection to gas prices.
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Steve Milloy publishes JunkScience.com and GreenHellBlog.com and is the author of Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them