The Death of the Sedan Is the Biggest Car Trend of the Decade

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Despite all the buzz about electric vehicles, the real transformation in the auto business has been the shift from traditional sedans to SUVs and light trucks.

Source: Bloomberg.com

Date: Feb 05, 2021

Link: https://www.bloomberg.com/news/articles/2021-02-05/car-trends-suvs-and-minivans-gain-popularity-as-sedans-fade?srnd=businessweek-v2

Questions for discussion:

  • Summarize the highlights in the report that focus on major shifts in the industry.
  • What does this mean for the buyers and sellers over the next ten years?

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