Page added on August 12, 2004
DETROIT – U.S. consumers have recently been shying away from fuel-thirsty sport utility vehicles, an industry research firm said on Thursday, in a report on what may become a worrisome trend for Detroit’s traditional Big Three automakers.
MSNBC
The Power Information Network report said unsold SUVS had sat on dealership lots for an average of 73 days as of last month, about 22 percent longer than the 60-day average in July last year.
The increase in the so-called “days to turn” rate was even higher for luxury SUVS, jumping 47 percent, or more than double the industrywide rate for cars and trucks overall, the report said.
Leave a Reply