Released: September 03, 2008
Want better mileage? It’s going to cost you
Source: By James R. Healey, USA Today
Mileage-minded Americans will have plenty of small cars from which to choose the next few years, but they’ll have “sticker shock” prices.
Automakers are raising prices to regain profits lost when sales of lucrative trucks and SUVs collapsed this year. They’ll camouflage some of the boosts with fancy, high-margin features such as navigation and leather seats. The idea: lure well-heeled, move-down buyers who want better mileage but won’t give up features.
Read Full Article: Want better mileage? It’s going to cost you
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