Is the SUV fad over?
It is too early to say definitively if the SUV fad is over. However, there are some signs that suggest that the SUV market may be cooling down. In the United States, SUV sales have declined for two consecutive years. In China, which is the world's largest SUV market, SUV sales growth has slowed down significantly. Additionally, more automakers are investing in the development of electric vehicles, which may further erode the demand for SUVs. However, SUVs still remain popular among many consumers, particularly in some countries and regions. Therefore, it is not certain whether the SUV fad is truly over or if it is just experiencing a temporary slowdown.