In the place of the traditional sedan like the Cruze, manufactured in Lordstown, Ohio, the Big2 have shifted focus to SUVs, pickups, and crossovers. That's what people want.
And, that could be a financial disaster in the making for the average American. At the same time gas prices are surging.
They average $2.81 right now, compared to $2.81 a year ago, according to the Oil Price Information Survey. Here are more details from AP.
If the trend continues, Americans will find their commute to work increasingly expensive. That moment of truth could come: They will have to decide to trade in their SUV for a, well, car. Otherwise they can't afford to get to work, not any more.
And my fuel-efficient sedan will be worth a king's ransom. In fact, what could occur is that cars become the hot vehicle to steal.
End of the world scenario: SUVs will be abandoned along the roads by those unable to afford the gas any more.
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