Family Sedans Losing Ground to Crossovers in the U.S.


Although they still represent the single largest segment of the U.S. auto industry, family sedans like the Toyota Camry and Honda Accord are losing ground this year to crossovers.

The market share of family sedans has shrunk in 2013, while vehicles like the Ford Escape have increased their share of the market. "While the segment is still growing year-over-year, it's nowhere near what it was growing last year as the industry was launching a lot of new midsize cars," Toyota brand U.S. boss Bill Fay said about U.S. auto sales in April, according to a report from Reuters

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