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SUV Sales Will Be 40% Of Market By 2020
- Automotive News, Tuesday, November 17, 2015 12:31 PM
Sport utility vehicles will account for two in five new auto sales in the U.S. by 2020, according to Ford Motor. The automaker says that this year Americans will buy a record 5 million SUVs, thanks to low gasoline prices, cheap car loans and a desire, simply, for functionality and ride of vehicles in the category, per Kevin Schad, brand manager for the Ford Escape. Schad sais sales of SUVs and sport wagons are up 16% this year.
