by Calculated Threat on 2/05/2025 03:31:00 PM
An replace: The primary graph beneath exhibits the combo of gross sales since 1976 (Blue is vehicles, Purple is gentle vehicles and SUVs) by way of January 2025.
Click on on graph for bigger picture.
The combo has modified considerably. Again in 1976, most gentle autos had been passenger vehicles – nonetheless passenger automobile gross sales have trended down over time.
Observe that the massive dips in gross sales are associated to financial recessions (early ’80s, early ’90s, the Nice Recession of 2007 by way of mid-2009 and the pandemic in 2020).
The second graph exhibits the p.c of sunshine automobile gross sales between passenger vehicles and vehicles / SUVs.
Over time the combo has modified towards increasingly more gentle vehicles and SUVs. Solely when oil costs are excessive, does the development gradual or reverse.