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Sunday, May 13, 2007

HONDA CRV NOW NUMBER ONE SELLING SUV



Bloomberg news reported that the Ford Explorer is no longer the best selling SUV. It looks like high gas prices (and a grim hope that gas will go down) has forced many American consumers to go a more economical route.



The Ford Explorer dominated SUV sales charts throughout the 1990s and into the first part of this decade with sales of 445,157 in 2000. In the last couple of years, however, Explorer sales have tanked seeing it drop from first to fourth on the sales charts. Last year ,sales dipped to 179, 229 and the freefall shows no signs of letting up. The numbers are down another twenty-three percent so far this year.

Honda's CR-V on the other hand has an increased sales chart which shows that they're up forty-two percent so far this year. This jump has also enabled them to take the one spot on the chart followed by the Toyota RAV-4 and Ford Escape. The CR-V is doing so well indeed,that Honda is having to consider how to increase volume to meet the demand. For the first time, the automaker has started importing extra units from Japan to supplement the main production facility in East Liberty Ohio.

Source: Bloomberg

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