Compact Cars Surge Amid Affordability
This is a U.S. news story, published by Creditnews, that relates primarily to Cox Automotive news.
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Compact car salesCreditnews
•Compact cars make a comeback as Americans sacrifice space for savings | Creditnews
83% Informative
Sales of sub-size SUVs in the U.S. surged by 20% , outpacing overall vehicle sales growth of 2% , according to Cox Automotive .
Manufacturers had all but given up on sedans and smaller cars as sales numbers tanked pre-pandemic.
New car prices have soared by 19.6% from January 2021 to 2024 .
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