SUVs: Goldmine for Automakers, Cheap to Insure
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
SUVs are booming in popularity, making up 52% of new car sales in 2025, with full-size models seeing a significant increase. This trend is profitable for automakers, who earn 10-20% more on these vehicles. The big three American automakers are focusing on SUVs and trucks, with analysts predicting strong earnings. Surprisingly, SUVs are now among the cheapest vehicles to insure, with models like the Subaru Crosstrek and Jeep Wrangler leading the way. Insurers favor SUVs due to their safety records, low repair costs, and sturdy builds. As demand continues to rise and costs remain affordable, more drivers are expected to switch to SUVs, reshaping the market.
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