This week, Ford announced it will phase out North American sales of sedans between now and 2022 in favor of its popular SUVs, SUV-crossovers, and trucks — in other words, it’s moneymakers.
Ford will also continue to manufacture the Mustang muscle car, and a new Ford Focus hatchback.
Some reports suggest GM isn’t far behind when it comes to stripping U.S. sedans from its lineup.
“SUVs tend to make a lot more profit,” he says.
According to Eisenstein, the demand for crossover vehicles is growing rapidly.
“When you add it all up, light trucks account for two-thirds of the U.S. new vehicle market…and that continues to rise.”
Click on the audio player above for the full conversation.