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May 1, 2015

PICKUP TRUCK MARKET * USA: U.S. drivers snapped up trucks in April

* NY - Americans went big in April, snapping up jumbo SUVs and pickups

-- American consumers have become convinced lower fuel prices are here to stay and they are reverting to the vehicle equivalent of comfort food: roomy SUVs and pickups... Speeding the move back to big is a new crop of SUVs that don’t guzzle like they used to and now ride on more comfortable car frames. These SUVs, known as crossovers because they combine attributes of cars and trucks, have become the perfect package to appeal to Americans’ desire to live large without feeling guilty... Mid-sized SUVs are the most shopped vehicle type on AutoTrader.com and compact SUVs are No. 2, Krebs said. American drivers like to ride high and have space for people and cargo, Wolkonowicz said. And they feel safer in larger vehicles... Unit sales of cars and light trucks in April probably rose 5.9 percent to about 1.47 million vehicles, according to the average estimate from 12 analysts. There were 26 selling days this month, the same as last year... Nissan Motor Co. may report the biggest year-on-year gain among the top automakers with a 9 percent increase, the average estimate of eight analysts surveyed by Bloomberg. Fiat Chrysler Automobiles NV may come in second at a 7.6 percent jump, according to estimates. GM and Ford may report a 5.3 percent and 6.1 percent gain, respectively... 
 (Photo by Luke Sharrett/Bloomberg)   --  New York, USA - Bloomberg - 29 April 2015

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