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U.S. Sedan Sales Will Suffer as Autonomous Vehicle Use Grows

The Detroit Bureau

According to a new study by consulting firm KPMG, by 2030 sedan sales will drop by half as costs for autonomous cars drop and ride-sharing services increase.

Currently, families are opting to keep larger crossovers and sport-utes in place of sedans, and the study predicts that sedan sales will drop to 2.1 million sedans annually in the U.S. by 2030 as ride-sharing services will be used for errands instead of maintaining a second car.

KPMG said it used data collected from cell phones to analyze trips in Atlanta, Chicago and the Los Angeles-San Diego metropolitan regions.

Read more of the original article at The Detroit Bureau.

 

Nov 26, 2017connieshedron
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