New on the disappointment list: Crossovers

While the big three in Detroit have put a lot of bank and faith into the crossover market, numbers are showing that this gamble is starting to crap out. Even with a lot of new models in the category, sales of crossovers were down 11% in July compared with a year ago, according to Autodata, and also shows the third straight month of sharp declines paralleling a huge downturn in the overall market.

While General Motors continues to tout its Traverse as a "savior" and Ford is looking to expand production on the Flex wagon--even though the production plan was suspended last month--the trends are not indicating that these types of cars will be the ones that start the sales trend back towards the positive for the United States auto makers.

The logic is simple, yet again--crossovers are definitely better in terms of efficiency and hold a bit better resale than the hulking SUVs--but the profit margin for the car makers is slim, and crossovers are already high in price comparatively--so why would someone want to spend money on one of these if they can spend less for a better gas economy vehicle with not a huge loss in terms of room/space? I would look to see this number to continue to barrel downward, unfortunately.

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New on the disappointment list: Crossovers

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