Ford projects utility vehicles to account for 29% of its global sales by end of decade
Green Car Congress
OCTOBER 30, 2014
Worldwide demand for utility vehicles is up 88% since 2008, making SUVs the fastest-growing segment. In Europe, the utility vehicle segment grew from 9% market share in 2008 to 19% in 2013. The story is similar in China, where interest in utility vehicles drove the segment from 7% of industry sales in 2008 to 17% in 2013.
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