Reuters report on trends to high mileage cars
Reuters has a story on the continuing shift from the big f-you sized monsters to high mileage sedans.
Excerpts:
Honda's Civic and Accord and Toyota's Camry and Corolla sedans outsold Ford's F-Series pickup truck. It was the first time a sedan outsold the perennial Ford bestseller since 1991.
"It is a watershed month. It's a sign of the times," said Jim Farley, Ford's head of marketing, who joined the U.S. automaker last year after 17 years at Toyota.
Honda and Nissan were the two major automakers to buck the declining trend, posting sales increases of 11 percent and 4 percent, respectively. The figures boosted shares in Japanese automakers in Tokyo, with Honda shooting up 6.9 percent.
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I also read the latest Consumer Reports magazine. They report that one of the the best mileage cars for the cost continues to be the Prius.
Excerpts:
Honda's Civic and Accord and Toyota's Camry and Corolla sedans outsold Ford's F-Series pickup truck. It was the first time a sedan outsold the perennial Ford bestseller since 1991.
"It is a watershed month. It's a sign of the times," said Jim Farley, Ford's head of marketing, who joined the U.S. automaker last year after 17 years at Toyota.
Honda and Nissan were the two major automakers to buck the declining trend, posting sales increases of 11 percent and 4 percent, respectively. The figures boosted shares in Japanese automakers in Tokyo, with Honda shooting up 6.9 percent.
***
I also read the latest Consumer Reports magazine. They report that one of the the best mileage cars for the cost continues to be the Prius.