SUVs Are Bumper-to-Bumper on Dealer Lots, With More on the Way - WSJ - 0 views
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The number of crossover and sport-utility models on sale in the U.S. has steadily climbed this decade from 70 individual nameplates in model-year 2014 to 96 currently, according to a Bank of America report. By 2023, that figure is expected to rise to 149 models, the most ever for this category, the report found
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he estimates the profit premiums auto makers have long enjoyed on these models will fall over the next three years, eventually matching the lower margins now earned on sedans.
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Today, crossovers and sport-utility vehicles make up more than 47% of the new-vehicle market, while sales of sedans and hatchbacks have plunged this decade to only 30% of the market today, down from about 50% during the same period in 2012
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