Congratulations America. It seems we now buy more SUVs and crossovers than sedans according to a new study from IHS Automotive. Through May of 2014, IHS says that SUVs and CUVs account for 36.5 percent of new car registrations, compared to the 35.4 percent of registrations for sedans. This is a reversal from five years ago where sedans stood at 36.3 percent of registrations, compared to the 31.4 percent for SUVs and crossovers.
“It’s not that sedans have become unpopular. It’s just that CUVs have really grown. They drive like cars, but they have higher positioning, the option for four-wheel drive and better fuel economy. There’s more space for seating. It’s easy to see why they’ve taken off in popularity,” said Tom Libby, analyst for IHS Automotive.
The one thing we wished the study showed is the breakdown in registration percentages if SUVs and crossovers were separated. Otherwise, the results don't come as surprise.