Business News

America's love affair with trucks and SUVs is forcing big changes at big car companies

Americans are buying a lot more trucks and SUVs. Truck and SUV sales have steadily increased since the end of the Great Recession, while passenger sedan sales have been declining since 2014, according to data from the U.S. Bureau of Economic Analysis. In fact, 2018 saw the highest U.S. truck sales since 2005. This big spike in sales is forcing automakers to make big changes.


CNBC NEWSLETTERS

Get the best of CNBC in your inbox

Please choose a subscription

Please enter a valid email address
Get these newsletters delivered to your inbox, and more info about our products and service. Privacy Policy.