Results from a new consumer study conducted by CarGurus suggests the market for passenger cars may actually be growing and attributes the results to strong interest in sedans by drivers between the ages of 18 and 29.
“This survey showed that consumer interest in buying sedans is not waning as much as recent automotive industry changes have indicated,” said Madison Gross, Senior Manager of Customer Insights at CarGurus, in a statement. “The positive response from younger drivers expressing their intent to buy sedans is a sign of confidence that this traditional body style could remain relevant for years to come.”
Read the article at Forbes.