2023 Best Selling Large SUVs In the United States (All Models Ranked)
The Federal Reserve has been raising interest rates in an effort to combat inflation. This has made it more expensive to borrow money to buy a car, which has deterred some consumers from making a purchase. Inflation is at a 40-year high, and this is eroding consumers’ purchasing power. This has led some consumers to delay or cancel their plans to buy a new car.
Automakers are still facing supply chain disruptions due to the COVID-19 pandemic. This has made it difficult for automakers to produce enough vehicles to meet demand, which has led to higher prices and longer wait times for consumers. Despite the decline in sales, large SUVs remain a popular choice for consumers in the United States. Large SUVs offer a number of advantages over other types of vehicles, such as spacious interiors, powerful engines, and advanced technology features.
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