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Originally Posted by ZEK
Ouch, All those big gas guzzling V8's out in the US will be worth next to nothing in a few years time. Similar to what happened over here.
And China scares me - theres just too many of them!
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Sad thing is that back in 1974 or so, the same thing happened basically. Toyota made a killing on car sales here in the US because of gas shortages and their little cars high MPG.
So what happened? US is reactive, not proactive as usual. We tried to make a few efficient cars for a 10 or 20 years, then gave in and gave up in the last 10.
How is it possible that my car from 1996 gets 40mpg highway and uses regular gasoline, yet today you cant find more than a few hybrids capable of that?? Interesting question I think.