What will happend with cars if oil prices remaining same high rate.?

Cars that get bad gas mileage will lose value and cars that get good gas mileage will be worth more. Big cars/SUVs won't sell as well.What will happend with cars if oil prices remaining same high rate.?
people will start buying smaller, more gas efficient cars.





At least that is what happened in the 70's.What will happend with cars if oil prices remaining same high rate.?
Cars? They don't care. They're nonliving.





But the people in charge of car companies will suffer.
actually my friend works for some company and in the near future they are gonna come out with fuel cells which will provide the necessary chemicals to run a vehicle at a much lower price. however, since they have to convert the cars to be able to have this, they will stop making gas related cars and soon the classics wont be functional because they will try to limit gas or jack up prices once again!