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Potential for driveshaft to disconnect may cause vehicle to roll away when parked.
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Kia and Volvo will lead the way with introductions of SUVs with third-row seating in coming months.
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The Denza N7 all-electric SUV has comparable costs and features.
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Automaker earmarks $2 billion to building next-gen full-size pickups and SUVs, guaranteeing production of gas-powered vehicles into the 2030s.
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The Stellantis brand announced plans for half of U.S. sales and all European sales to be fully electric vehicles by 2030.
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Ford, Toyota and GM are enlarging their already hefty vehicle lines.
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According to the research firm’s analysis, more than 35% of U.S. households with a sedan in the garage that returned to market for a new vehicle between April 2017 and March 2018 acquired an SUV. That's up from just 24% five years ago.
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May's average transaction price for light vehicles rose by a healthy 3%, even as new-vehicle demand is expected to falter in 2018, according to the vehicle information site.
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With the car market having plateaued after several years of increases, the California New Car Dealers Association said it continues to see increasing demand for larger, more family-friendly vehicles. But with gas prices continuing to increase, that trend could shift in the quarters ahead.
Read More →The analysis, which looked at more than 1.9 million return-to-market events during the first quarter, found that 63% of SUV/CUV owners who returned to market for a new vehicle during the first quarter purchased another SUV or CUV.
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