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Millennials Heading To The 'Burbs, Buying SUVs

Millennials are finally starting their own baby boom and heading for the suburbs in big sport utility vehicles. As they shop for bigger homes to accommodate growing families, they’re upsizing their vehicles to match. U.S. industry sales of large SUVs have jumped 11% in the first half of the year, Ford Motor Co. estimates, compared with increases of 9% for midsize and 4% for small SUVs.

 

Read the whole story at Bloomberg »

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