Sales share of SUV-Crossovers, thanks to cheap fuel, zooms to new all-time record
Americaís new car sales in the two months to February this year picked up where they left off from
last yearís bumper result, with Light-Trucks leaving conventionally bodied passenger cars like Toyotaís
sector leading Camry way behind in the dust.
In particular, thus echoing the trends witnessed of late in major global car sales
regions such as China and Western Europe, SUVs are continuing to act as a major magnet.
Their rekindled popularity is such that in the two months to February this year the US
sales share of SUV-Crossovers ballooned to 37.6 per cent, setting yet another all-time
Put into perspective, thatís almost twice the sales share seen in the US at the millennium change.
With average US pump prices now hovering well below the critical $2 level compared with close on $2.5 at the same
time last year, it comes hardly as a surprise to market observers that Americaís consumers are flocking back
to their beloved Light-Trucks in droves...more
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