Passenger vehicle sales saw a sharp 31.2% month-on-month decline in May, though annual figures showed a slight 0.22% uptick. Simonis Storm’s Almandro Jansen attributes the monthly drop to April’s unusually high sales, while noting continued buyer interest driven by favorable credit conditions and demand for smaller SUVs and hatchbacks.
The post SUV Demand Cushions Slump in Car Sales first appeared on Future Media News.
The post SUV Demand Cushions Slump in Car Sales appeared first on Future Media News.
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