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Tuesday, August 1, 2023

Tale Of Two Autos -- August 1, 2023

 Locator: 45272AUTOS.

Jeep, link here:

The Jeep brand has gone up market in recent years with several pricey new vehicles. Its market share has gone in the other direction. 

The rugged American brand that spawned the modern SUV has posted lower sales for eight straight quarters. Since mid-2018, Jeep has surrendered significant market share, falling from sixth to ninth in sales among top U.S. brands.

The decline came as Jeep pushed into new vehicle categories, including a pickup-truck version of its popular Wrangler and the Grand Wagoneer, a large, luxury SUV priced above $90,000. But Jeep has faced stiffer competition in its core markets, like compact and midsize SUVs, as automakers target those categories with new offerings.

Ford, link here:

Ford, link here:

Ford, link here:

 

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