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UPDATE 04/18/13

Click the link below to read the full article - it's short.


Subcompact car sales in a funk despite high gas prices
Subcompact car sales in a funk despite high gas prices

When gas prices rise, knee-jerk consumerism means that sales of small cars increase in lockstep, right? Well, sometimes – but that's not always the case. Ward's Auto reports that sales of subcompact car sales in America are off despite fuel prices pushing and holding at $3.50 to $4.00 a gallon across the country. According to the report, the "Lower Small" segment has seen a 2.6-percent sales decline since October, while fuel prices have been on the rise. Despite their comparatively thirsty appetite for fuel, the industry publication notes that sales of large crossovers are up a whopping 61 percent over the same time period.