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Page added on June 27, 2008

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Gas prices to force 10 mn vehicles off American roads

With gas prices forecast to reach $7 a gallon in the next two years, America will witness the `greatest mass exodus of vehicles from the roads in its history, warns a report by a top Canadian bank. The rising fuel prices will soon dramatically change driving behaviour in America, the report by the Canadian Imperial Bank of Commerce (CIBC) said Thursday.

Prepared by CIBC World Markets (the bank
Thaindian



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