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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]
The automotive industry was weakened by a substantial increase in the prices of automotive fuels [2] linked to the 2003–2008 energy crisis which discouraged purchases of sport utility vehicles (SUVs) and pickup trucks which have low fuel economy. [3]
The biggest of the Big Three experienced a strong 2024 with robust sales of its generally higher-priced vehicles, like trucks, SUVs, and EVs.. GM shareholders were rewarded with the stock up 25% ...
The U.S. Big Three were first weakened by the substantially more expensive automobile fuels [6] linked to the 2003–2008 oil crisis which, in particular, caused customers to turn away from large sport utility vehicles (SUVs) and pickup trucks, [7] the main market of the American "Big Three" (General Motors, Ford, and Chrysler).
“The bad part though, it is designed to be off-road and most [people] do not do that. So, you are paying for features never used. ... Volkswagen’s five-seat compact SUV may require frequent ...
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.
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.