The auto industry sits better prepared for $5 per gallon gas prices than last go around, ...
The auto industry sits better prepared for $5 per gallon gas prices than last go around, with 17 models now out that deliver at least 40 MPG - compared to just a few 4 years ago. CNBC's Phil LeBeau forecasts that automakers will continue pounding out strong sales, unless prices at the pump hit a critical mass that creates a psychological impact too great to overcome.
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at CNBC.com (Oct 8, 2014)
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