{"id":5952,"date":"2008-05-02T19:34:00","date_gmt":"2008-05-02T19:34:00","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/as_gas_costs_soar_buyers_are_flocking_to_small_cars\/"},"modified":"2008-05-02T19:34:00","modified_gmt":"2008-05-02T19:34:00","slug":"as_gas_costs_soar_buyers_are_flocking_to_small_cars","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=5952","title":{"rendered":"As Gas Costs Soar, Buyers Are Flocking to Small Cars"},"content":{"rendered":"<p>Soaring gas prices have turned the steady migration by Americans to smaller cars into a stampede.<\/p>\n<p>In what industry analysts are calling a first, about one in five vehicles sold in the United States was a compact or subcompact car during April, based on monthly sales data released Thursday. Almost a decade ago, when sport utility vehicles were at their peak of popularity, only one in every eight vehicles sold was a small car.<\/p>\n<p>The switch to smaller, more fuel-efficient vehicles has been building in recent years, but has accelerated recently with the advent of $3.50-a-gallon gas. At the same time, sales of pickup trucks and large sport utility vehicles have dropped sharply.<\/p>\n<p>In another first, fuel-sipping four-cylinder engines surpassed six-cylinder models in popularity in April.<\/p>\n<p>\u201cIt\u2019s easily the most dramatic segment shift I have witnessed in the market in my 31 years here,\u201d\u009d said George Pipas, chief sales analyst for the Ford Motor Company.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2008\/05\/02\/business\/02auto.html?_r=1&#038;hp&#038;oref=slogin\">Read it all&#8211;I say thank goodness<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Soaring gas prices have turned the steady migration by Americans to smaller cars into a stampede. In what industry analysts are calling a first, about one in five vehicles sold in the United States was a compact or subcompact car<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=5952\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,140],"tags":[],"class_list":["post-5952","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-energy-natural-resources"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/5952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5952"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/5952\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}