Highlights of the New York Auto Show

Forbes.com
Dan Lienert

GM is sinking like the Titanic, and the fact that filling up one of the company’s Chevrolet Suburbans, Hummers or Cadillac Escalades now costs about $50 is but one of shareholders’ latest worries: Will rising gas prices cause sales of America’s most profitable vehicles–trucks and sport utility vehicles–to take a nosedive?

Hubbert sees this as an industrywide problem.

“Many people have bought cars that are too expensive,” he said, and these customers are now finding they “cannot afford [current fuel prices].”
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