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Big SUV Death Rattle

Fortune / Yahoo.news -- Looking for bright spots in auto sales so far in 2010 is like hunting for diamonds in a parking lot at Wal-Mart. You are hard pressed to find anything, and when you do, you have to examine it closely to determine its actual worth.

Some analysts have seized on a zircon they may be mistaking for a diamond: the surge in sales of big SUVs. According to Dave Cutting of JD Power, sales of large utilities like the Chevrolet Suburban have risen 22%, while large premium utilities, exemplified by Mercedes' GL 450, are up 21%.

That's in an overall market up only 15%.

The mini-boom in SUVs is thought to be a sign that ... like frogs in boiling water Americans have become accustomed to higher gasoline prices...Customers are hurrying to buy SUVs before they become extinct....

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Submitted Sep 03, 2010 By: barsantij

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derKraut Champion Author Ontario Posts:1,669 Points:848,795 Joined:Dec 2008	Message Posted: Sep 6, 2010 4:35:17 PM Ignore derKraut Report Abuse Extinct? They are long extinct. Buy one now and try and resell it later? Good luck.
BCweatherman All-Star Author British Columbia Posts:738 Points:803,405 Joined:May 2009	Message Posted: Sep 6, 2010 3:01:53 PM Ignore BCweatherman Report Abuse Different priorities.
FuelishGuy Veteran Author Edmonton Posts:491 Points:519,575 Joined:Oct 2008	Message Posted: Sep 5, 2010 11:27:32 AM Ignore FuelishGuy Report Abuse The more things change the more they stay the same...
CruisinLinda Champion Author Tallahassee Posts:7,947 Points:1,621,420 Joined:Sep 2005	Message Posted: Sep 3, 2010 1:46:04 PM Ignore CruisinLinda Report Abuse Unfortunately some people have no sense of personal or social responsibility. They do whatever they want because they can. They suck.
orestroker Champion Author Portland Posts:1,080 Points:880,145 Joined:Mar 2008	Message Posted: Sep 3, 2010 1:22:26 PM Ignore orestroker Report Abuse There's a reason they still make them and we still buy them, right?
kag2010 Champion Author Winnipeg Posts:2,894 Points:561,410 Joined:Apr 2010	Message Posted: Sep 3, 2010 1:05:16 PM Ignore kag2010 Report Abuse sure.