September sales of SUVs were down sharply
September sales of SUVs were down sharply from last year. “Sales of F-Series pickup trucks plunged 30 percent. Sales of Ford’s large SUVs, including the Ford Explorer and Expedition and the Lincoln Navigator, sank by more than 55 percent each. At GM, overall sales of trucks, minivans and SUVs dropped 30 percent.” Most blame the $1/gal difference in gas prices from a year ago, but auto execs blame poor inventory after summer sales. Perhaps everyone went to the movies instead of car shopping.
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