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Small SUVs gain as American car buyers turn away from larger models

  • General Motors reported higher third-quarter sales of its Chevrolet Trax and Trailblazer small SUVs.
  • Hyundai Elantra sales rose 18%, while the featured vehicles start below $25,000.
  • GM’s Suburban and Tahoe declined, while Palisade sales fell 1% and Grand Cherokee sales 30%.

American car buyers are showing renewed interest in smaller vehicles, with General Motors reporting a significant third-quarter increase in sales of its Chevrolet Trax and Trailblazer small SUVs. Hyundai Elantra sedan sales rose 18%, while Toyota’s small Corolla has posted a sharp increase this year. Each of those vehicles has a starting sticker price below $25,000. By contrast, several larger SUVs struggled: GM reported lower sales of the Chevrolet Suburban and Tahoe, Hyundai’s three-row Palisade fell 1% in the third quarter, and Jeep’s Grand Cherokee declined 30%.

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Small SUVs gain as American car buyers turn away from larger models - CoinPost Terminal