Falling fuel prices are helping to drive sales of SUVs and trucks as of late, but at the expense of more efficient, greener offerings.
Automotive News reports dealers flush with fuel efficient and alternative fuel models are dropping truck-month style incentives on the hood to help move them off the lot. KBB.com notes that the Toyota Prius and Ford C-Max alone have seen increased incentives, with the latter jumping from $2,650 last September, to $4,900 this past September.
Meanwhile, strengthening fuel efficiency targets may lead to automakers producing vehicles that, according to Kelley Blue Book senior analyst Eric Ibarra, "consumers don't want to buy" should gasoline and diesel prices remain low. Per forecasts by the U.S. Energy Information Administration, the decrease in fuel costs will remain in play for at least another year, thanks to the oil boom in places like Alberta and North Dakota.
That said, dealerships aren't too worried yet, believing consumers are ever-vigilant toward price spikes. Until then, SUVs and pickups will dominate the highways for another day.
The post Fuel Prices Leave Efficient, Greener Offerings On The Lot appeared first on The Truth About Cars.
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