SUV’s accounted for 18 percent of new-car sales in 2002, but only 7 percent in 2010.Incentives matter. Americans have responded to the sharp increase in oil prices since the middle of the last decade by cutting down on their oil consumption.
SUV’s accounted for 18 percent of new-car sales in 2002, but only 7 percent in 2010.Incentives matter. Americans have responded to the sharp increase in oil prices since the middle of the last decade by cutting down on their oil consumption.
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