Saturday, February 2, 2013

Gas price hikes don't boost smaller car sales

Fuel efficiency advantages of small cars slow to win consumers' hearts.

Sales of some of the smallest cars barely budged or fell last month despite the steady rise in gas prices.
It could be a sign that one of the axioms of the car business may be weakening: sales of tiny cars rise in tandem with driver angst at the pump.
Mercedes-Benz's Smart car, the two-seater that is the smallest car on sale in the U.S., saw sales fall 3% in January to a mere 481 cars. Toyota, whose four-seat Scion iQ is the next smallest, fell 21.1% to only 295 cars.

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