(Bloomberg) – With sport utility vehicles taking over American roads, passenger cars are in rapid decline. Sales of sedans, coupes and sports cars are on pace for their worst year since 2009, the year when industrywide new-vehicle deliveries plunged to a three-decade low and GM and Chrysler went through bankruptcy.
Related: Ford urged to recall 1.3 million SUVs over exhaust fumes
|SUVs on track for record high
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
