GM Sales Rise on trucks and SUV's Rebound as Americans suffer short term memory lapse

Posted on by luken7

GM has rebounded with higher sales due largely to SUV sales. Huh? Wasn’t it just three months ago that Americans were dumping large cars and trucks for smaller, fuel efficient vehicles? So…as we near the November elections, less than a week away, gas prices are as low as $2, not seen in over a year. What exactly caused gas prices to fall off more than 30% in such a short time? Supply and demand? Or simply election season and oil industry paybacks to their constituents (puppets). So after the election and when spring rolls around, will all these memory lapsed, new SUV owners suffer a deja-vu when “supply and demand” rockets gas prices back to over $3? Sure hope they all did a two year lease …

GM Sales Rise as Trucks, SUVs Rebound

Published by luken7

An avid and passionate sailor, drummer and technologist. My career focuses around computing and storage technologies. My passion is sailing and playing drums. I love music, especially progressive jazz and rock.