Sunday, March 24, 2013

Large car market withering away... will it survive?

Large car market withering away... will it survive?

To look at automakers' lineups these days, it would appear that America's large car market is enjoying something of a resurgence. After all, Chevrolet has invested in a new Impala, Toyota has its new Avalon, Hyundai fielded an all-new Azera for 2012, and Nissan is presently working on a next-generation Maxima. Yet, according to the industry forecasters at Polk, the market for mainstream big sedans is cratering. According to Polk's data, the large mainstream sedan segment has plunged from a 5.8-percent share of the US car market in 2008 to just 3.5 percent in 2012.

Autoblog , Large car market withering away... will it survive?, Large car market withering away... will it survive?