SUVs

No details on this yet, but the stimulus summary floating around Washington includes the following:
Provides incentives to buy new cars, including light trucks and SUVs, with a tax deduction for State and local sales taxes paid on the purchase.
At least congressional staffers knew better than to put it under the section of green-energy provisions claiming [...]

This is a couple of days old, but worth a mention: With gas prices dropping ever further in recent months, the country’s fetish for big, gas-guzzling vehicles has returned. According to numbers released last week by Edmunds.com, an automotive analysis Website, trucks and SUVs will outsell cars in December for the first time in nine [...]

Frustrated by decades of automaker resistance to adopting more strict fuel-efficiency standards for their vehicles, Markey and others want to make the rules part of the rescue package.

As I reported last week, it’s still unclear what consumers may do now that oil and gasoline prices have plummeted. A bit of news from TradingMarkets.com shows that consumers’ mixed reactions to lower gas prices are making things especially difficult for the auto industry.