There’s a good chance that in eight years, Detroit’s automakers will not be producing sedans in favor of the more lucrative crossovers and SUVs
Mid-size sedans like the Chevrolet Malibu and Ford Fusion have gotten bigger, making the Taurus or Chevy Impala less necessary. A consumer who needs more space will just buy an SUV.
“You can call 2018 the death of the car,” said Mark Wakefield, head of the auto practice at consultant AlixPartners. “Just look at all the new model launches in crossovers and the dearth of launches in cars. You can see where people are putting their money.”
Read the article at Bloomberg.
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