Family Vehicles Not Selling
With almost every automaker seeing sales dip in April, most readers won’t be surprised by the headline above. Even so, certain segments of cars did see significant sales increases in April, especially economy cars. Even a number of luxury brands faired well. Some companies, like Subaru, had a record month.One group that was hit hard, however, was family vehicles, and I’m not talking about big, truck-based SUVs. Minivans and three-row crossovers saw huge drops. The numbers below illustrate just how much families are tightening their belts in these uncertain economic times.
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