Ford looks into the future of low gas prices and sees room for four new SUVs. This is what people want, Ford believes, and so that's what they'll get.
Now you've done it, America. A new study by IHS Automotive has revealed that American motorists are turning to the high-riding style of crossovers and sport utility vehicles more than they are traditional sedans. Through May of 2014, IHS says that SUVs and CUVs account for 36.5 percent of new vehicle registrations. Sedans, meanwhile, cover just 35.4 percent. That represents a flip-flop from the same period five years ago, when the trusty four-door occupied 36.3 percent of registrations to the SU
When we see a vehicle like a Lamborghini Urus or the Bentley EXP 9 F concept, we may at first scratch our heads, wondering why an automaker would take this route. When the accountants see these vehicles, they see one thing: dollar signs. No matter what angle you come at it from, SUVs and crossovers are cash cows for carmakers, especially luxury brands. It's a truth that Kicking Tires laid bare in a recent article.
China's middle class is predicted to mint up to 500 million new bourgeois comrades in the next 15 years, and not only will that mean new car owners, but more of those owners will be women. Along with rising incomes, that has put The Middle Kingdom into an SUV-buying boom driven by "tiger moms," similar to the splurge that happened here in the 1990s but with big, striped cats replacing black-spotted white balls.
The fickle nature of the American consumer is on obvious display in car dealerships across the country right now. With the government sponsoring a giant garage cleaning through the CARS ("cash for clunkers") program, people are taking old vehicles and turning them into new ones, with a fancy $4,500 check attached. Now that CARS has been active for a short while, early numbers are in: the trucks and SUVs that were so incredibly popular just a few years ago are being dumped by the thousands for sm
It's the same old story, people say one thing, yet do another. The price of fuel has fallen to the point that it's no longer financially ruinous to fill the tank on a full-size pickup, so looks like truck sales will eclipse cars in December. Despite the public's rhetoric about smaller and more fuel efficient vehicles, the populous has seemingly gone back for another feed at the truck trough. Winter tends to remind people of the things that SUVs and trucks are good for, like plowing and effortles
By now we all know that the market for large trucks and SUVs has become a black hole for both U.S. and Japanese automakers here on this side of the Atlantic. It looks like the same holds true over on the continent where fuel prices have approached $10 a gallon in many places. Much like the U.S. market, sales of SUVs in Europe have dropped by 44.4 percent so far in 2008. Perhaps more worrying to companies like Mercedes-Benz and BMW is that large cars have also dropped by nearly 30 percent. BMW al
If you've been holding your breath in anticipation of General Motors redesigning its trucks and SUVs, you're probably going to pass out so start breathing again. According to reports, it's gonna be a while. GM has announced that it's postponed any planned redesigns of its pickups and SUVs to a future date sometime beyond their previously planned 2012 redesigns. What'll it do with the extra time and money? Pouring over its entire product lineup to provide the most fuel efficient vehicles possible
Ford has seen the writing on the wall for sales of the Expedition and Lincoln Navigator full-size SUVs. Both vehicles are built at the Michigan Truck Plant in Wayne, MI and sales of both have tanked this year. With gas at $4/gallon 37 percent fewer buyers have decided that a Navigator is a must have this year and 43 percent have opted for something other than the Expedition. Rather than stockpiling more SUVs that they have no realistic expectation of selling anytime soon, Ford will be sending wo