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Even sales of hybrids suffered as oil prices receded.
Wall Street expressed concern that even as oil prices receded, labor costs would accelerate and keep the inflation rate rising.
Futures prices receded on the news.Another reason to think a shock is unlikely is the possibility that Saudi Arabia may yet have something up its sleeve.
But as gas prices receded, consumers grew tired of the smoke and smells associated with the engines, as well as quality problems with some diesel offerings from General Motors.
As the lack of specifics became apparent, oil prices receded from Thursday's highs.
A possible path over the Gulf of Mexico oil fields, as well as tension with Iran, caused the price of oil to increase, although the prices receded when the threat of the storm receded.
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The Detroit automakers conceded Tuesday that they no longer expected consumers to change their behavior if gas prices recede, as happened after spikes in the 1970s and '80s.
Economists are still betting that growth will gather speed again if oil prices recede from their current level of around $45 a barrel.
But Wall Street expressed the worry that even as oil prices recede, labor costs will accelerate and keep the inflation rate rising.
He pointed out that the nationn has had a tendency, ever since the first Arab oil embargo in 1973, to panic when gasoline prices rise and then fall back into old fuel-guzzling habits when prices recede.
G.M.'s chief sales analyst, Michael C. DiGiovanni, offered some hope for the industry, saying the market might be "starting to turn the corner" and that "consumers are feeling better" as gas prices recede.
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