Demand for Crossovers
September 05, 2015 at 12:00 PM
Crossover/SUVs already claim close to 40% of the American car market, and future sales will be "significant," says Jeff Schuster, senior vice president of forecasting for LMC Automotive.
Schuster notes the crossover vehicle phenomenon includes the emergence of small premium models and overall demand growth in virtually all major markets worldwide. He says the growth rate will slow but not stop as the number of model offerings stabilizes.