Fuel Prices Affect SUV Purchases

March 22, 2005
Filed under Trailer News

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According to surveys by J.D. Power and Associates, rising fuel costs are having an effect
on sport-utility vehicle sales. Power Information Network (PIN) reports that sales of
full-size SUVs have dropped dramatically this year.

They were off 21 percent in February
and down 31 percent in January. Fuel prices are currently averaging more than $2 a gallon
nationwide, and analysts say prices will likely exceed $2.15 per gallon if the trend
continues.

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