SEMA: Light trucks/CUVs expected to account for 80% of new U.S. sales by 2028
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DIAMOND CAR, Calif. Light trucks are expected to account for more than 82 percent of new consumer vehicle sales by 2028, up from 69 percent in 2018, according to a new research from the Specialty Equipment Market Association.
The growth in light truck sales is driven primarily by the popularity and growth of CUVs, SEMA said in its new study, 2021 Vehicle Landscape Report. By 2028, CUVs are expected to make up about half of all new light vehicles sold. There are over 281 million passenger vehicles on the road in the United States, SEMA Director of Market Research Gavin Knapp said. That s a lot of opportunity to install aftermarket parts.
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SEMA: Light trucks/CUVs expected to account for 80% of new U.S. sales by 2028
Print
DIAMOND CAR, Calif. Light trucks are expected to account for more than 82 percent of new consumer vehicle sales by 2028, up from 69 percent in 2018, according to a new research from the Specialty Equipment Market Association.
The growth in light truck sales is driven primarily by the popularity and growth of CUVs, SEMA said in its new study, 2021 Vehicle Landscape Report. By 2028, CUVs are expected to make up about half of all new light vehicles sold. There are over 281 million passenger vehicles on the road in the United States, SEMA Director of Market Research Gavin Knapp said. That s a lot of opportunity to install aftermarket parts.
Print
DIAMOND CAR, Calif. Light trucks are expected to account for over 82% of new consumer vehicle sales by 2028, up from 69% in 2018, according to a new research from the Specialty Equipment Market Association (SEMA).
The growth in light truck sales is driven primarily by the popularity and growth of CUVs, SEMA said in its new study, 2021 Vehicle Landscape Report. By 2028, CUVs are expected to make up about half of all new light vehicles sold. There are over 281 million passenger vehicles on the road in the United States, SEMA Director of Market Research Gavin Knapp said. That s a lot of opportunity to install aftermarket parts.
Print
DIAMOND BAR, Calif. The Wheel & Tire Council (WTC) of the Specialty Equipment Market Association is planning a webinar on April 22 covering common causes of tire-balancing process errors and how to avoid them.
The webinar, scheduled to start at 3 p.m. EDT (noon PDT), is open to all interested parties, the WTC said, and should last one hour.
In its preface to the webinar, the WTC calls the process of balancing one of the most important things wheel and tire professionals should know. Unbalanced tire/wheel assemblies can result in vehicle vibration, uneven tire wear and improper weight distribution.
Among those scheduled to speak are Keith Buckley, customer engineering solutions at Goodyear; Kent Hobson, tire/battery center operations at Sam s Club; and Kevin Keefe, vice president, service and sales support at Hennessy Industries L.L.C.