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Car-Based SUVs Rapidly Climb Automakers' Sales Charts.
Knight Ridder/Tribune Business News, January, 2004
Chicago Tribune Knight Ridder/Tribune Business News
Jan. 7--DETROIT -- Americans still love sport-utility vehicles, but their ardor is turning more to car-based models than the truck-based off-road vehicles that dominated the 1990s.
"The handwriting is on the wall, and 2003 is the first year there is a noticeable decline in sales of traditional SUVs," said George Pipas, Ford Motor Co.'s sales analyst. "They won't go away overnight, but, by the end of the decade, the crossovers will probably outsell the traditional sport-utility vehicles."
SUV sales grew to a record 4.5 million last year, about 300,000 more than in 2002 and 27 percent of the (16.7 million) new vehicles purchased. That was despite a 4 percent sales decline, to 2.8...
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