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Regulations, tariffs, and other government-imposed hurdles reward American car companies for building bigger, more expensive trucks and keep out any potential competitors.
A Ford Excursion SUV next to a Toyota Camry compact. Sport utility vehicles (SUVs) have been criticized for a variety of environmental and automotive safety reasons. The rise in production and marketing of SUVs in the 2010s and 2020s by auto manufacturers has resulted in over 80% of all new car sales in the United States being SUVs or light trucks by October 2021. [1]
During the mid-2000s, SUVs from luxury car brands grew by almost 40% in the United States to more than 430,000 vehicles (excluding SUV-only brands like Hummer and Land Rover), at a time when luxury car sales suffered a 1% decline, and non-luxury SUV sales were flat. By 2004, 30% of major luxury brands' U.S. sales were SUVs.
According to Statista, the SUV market in the U.S. is projected to reach $333 billion this year, but with so many models available, there are some worth every penny and some that should be avoided ...
People are buying trucks in droves, while demographic changes in who's buying—along with new EVs like the Ram 1500 REV and Ford F-150 Lightning—keep things exciting.
Over time, the car has evolved beyond being a means of transportation or status symbol and into a subject of interest and a cherished lifestyle amongst many people in the world, who appreciate cars for their craftsmanship, their performance, as well as the vast arrays of activities one can take part in with one's car. [37]
“Most high-end luxury SUVs, like Mercedes-Benz SUVs, get you into the territory where not only are they extremely expensive to buy, but expensive to maintain as well,” Michael said.
Japanese domestic market trucks, or 'surplus trucks' after being phased-out in Japan, are extremely popular in the Philippines such as Isuzu Elf, Isuzu Forward, Isuzu Giga, Mitsubishi Canter, Mitsubishi Fuso Super Great & Hino Profia since they are popularly cheaper than buying a brand-new Japanese trucks which are locally distributed and even ...