has set off a dramatic shift in vehicle buying patterns in the US, matching the adjustment that occurred in the oil shock of the late 1970s and early 1980s, according to the latest Global Auto Report published by Scotia Economics. CIBC made a similar finding in another report which predicted that Americans will pull out…
MARKETS: High oil price forcing Americans to choose fuel-efficient cars, say Scotia Economics
Posted on July 9, 2008 by EnergyAsia