Monday, September 22, 2008

4x4 Sales Plummet

According to a news piece by Reuters, "Uncertainty in oil prices and environmental concerns are denting the prestige of SUVs or 4x4s for city drivers in the UK. After a shock rise in oil to a record 147 U.S. dollars a barrel in mid-July, prices have recently dropped to a six-month low of less than $ 100 US dollars. With consumers increasingly switching to low emissions cars, it's uncertain whether the 4x4 market will win back customers."

Click this link to watch the Reuters video.