Looks like the dinosaurs are mounting a comeback
Surprise! Ford says big SUV sales mean more have to be built
Ford Expedition sales are up 45 percent, compared to a year ago, and Lincoln Navigator sales are up 60 percent for the same period. So, according to Automotive News, Ford officials are boosting production of Dearborn’s two big Sport-Utility Vehicles to meet renewed demand.
Ford’s decision to ramp up production of these two behemoths comes despite rising gasoline prices, a recessionary economy that shows few signs of beginning a sustained recovery, and the growing popularity of smaller, more fuel-efficient vehicles.
A problem with the “rising gasoline prices,” though is that they’ve been down for so long. Sales numbers over the past quarter and more do not reflect purchases made with high gas prices.
Yesterday: Gasoline prices zip toward $3 mark
And here’s a gas price temperature map from GasBuddy.com:
Gas Prices by County as of Sunday 10 January, 2010.