The conventional thinking had it that rising gas prices would stifle the sales of SUVs. Lane-clogging Suburbans and Explorers would slowly disappear with loads of drivers turning to smaller, fuel-efficient cars. And yet, even as gas prices remain relatively high, SUV sales have never been better. What gives?
Hummer
So Much for the ‘New Normal’: Is the Era of Mindful, Frugal Consumers Already Over?
An uptick in shopping sprees seems to indicate that the era of modest consumerism, with increased saving and decreased spending, may have already ended. If so, this shift in consumer behavior only lasted for a couple years, so I suppose it doesn’t really qualify as an “era.”
Is It the Car or the Way You Drive That Draws Speeding Tickets?
Or is it the impression that cops have about the people who own certain kinds of cars? Regardless, if you’re driving a Hummer or a Mercedes SL, you’re far more likely to be pulled over than the average driver. Then again, if you’ve been riding around in such a conspicuous and expensive vehicle, you probably want to be noticed—and that …
Q&A with Andrew Benett, Author of ‘Consumed: Rethinking Business in the Era of Mindful Spending’
Could it be that consumers aren’t quite as gullible as marketers, manufacturers, and advertisers have long assumed? Could it be that today’s consumers are smarter and more informed than they have ever been when it comes to deciding whether to buy or pass on a product? Could it be that the age of mindless accumulation is gone for good, …
Everything that Guzzles Gas Must Go!
GM’s Hummer brand is being shut down, but there are still thousands of the oversized, impractical gas guzzlers sitting at car dealers needing to be bought—hence a going-out-of-business sale.
