Companies / Venezuela
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Gas-Guzzling SUVs Prove Popular In Oil-Rich Venezuela
October 2006 | Industry NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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As the world's fifth largest oil exporter, Venezuela has seen a surge in the number of gas-guzzling SUVs being sold. Venezuelans, who are unperturbed by the massive increases in the price of oil currently dampening sales elsewhere, are opting to purchase these larger vehicles, as President Chavez's calls for moderation apparently go unheeded.

