Car sales are on pace to hit a 60-year low, Automotive News reports, thanks to the huge growth coming from the light-truck sector, which includes both pickups and SUVs.
5.3 million cars might sound like a lot, but it would actually be the slowest year for car sales since 1958.
AN points out that the split was pretty much 50/50 five years ago, showing just how hard and fast this trend hit the market.
But through May in 2018, light trucks outsold cars by more than double.
And it's not just long-time buyers holding strong -- AN pointed out Edmunds data that shows only 52 percent of car buyers in 2018 bought another car.
Ford is about to do the same, announcing that it's nixing nearly every car from its US lineup over the next several years.
Electric SUVs like the Audi E-Tron, Hyundai Kona Electric and Mercedes EQC are getting ready to skip over the gas-price problem entirely. »