Consumers snap up SUVs and crossovers versus sedans

(July 13, 2017) -- For many automakers, the fact that consumers are snapping up high-margin SUVs and crossovers instead of less-expensive sedans has been a boon to their bottom lines. U.S. light-truck sales rose 4.7 percent in the first half of the year, setting records in every month except April and heading toward a total for the year of more than 11 million.