Wednesday, July 9, 2008

Report - CIBC World Markets: Heading for the Exit Lane

Author: Jeff Rubin

"As gasoline prices climb inexorably, American driving habits are going to have to undergo a massive change ..."

“Over the next four years, we are likely to witness the greatest mass exodus of vehicles off America’s highways in history. By 2012, there should be some 10 million fewer vehicles on American roadways than there are today ...”

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