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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 world’s largest automaker — and the Big Three's biggest competitor — is having a banner year in the US, with year-to-date sales through Q3 up 5.5% and its “electrified vehicle” sales ...
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 ...
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).
“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.
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.