http://www.breitbart.com/news/2006/04/12/060412200622.3j2d0yzp.htmlA core group of US consumers will continue to buy large sports utility vehicles (SUVs) even if gasoline prices rise to four dollars a gallon and stay that way, a senior executive at the Ford Motor Company said.
"There is a certain portion of the marketplace and customers who want that flexibility that is provided with a traditional SUV," Mark Fields, president of the automaker's Americas division, said during a conference with analysts.
"So I don't think our strategy would change too much."
High gasoline (petrol) prices, which currently top three dollars a gallon in some critical US retail markets, have already cut into sales of Ford's gas-guzzling large SUVs.
Fields said the company had forecast prices to be in the 2.50 to three dollar range this year and as a result has focused on expanding sales of cars and smaller more fuel-efficient crossover sports utility vehicles.
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