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Essay

Cross-over Utility Vehicles

Essay specific features

 

Issue:

Business

 

Written by:

Carolyn B

 

Date added:

June 20, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

11 / 3040

 

Was viewed:

3602 times

 

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Essay content:

sales. Depending on one's definition of a crossover, prices generally range from $18,000 to about $45,000 before getting into the luxury crossover territory. I estimate annual sales for 2006 at $54.9 billion. Today, virtually every automaker has a crossover on the market. Section I ? Demand Function The quantity demanded of crossovers is a function of the price of crossovers, consumer tastes? horsepower, higher seating, lower ground clearance, more seating, fuel economy, hauling capacity, safety, car-like ride, as well as the prices of cars, competing trucks, and larger SUVs, and the number of consumers in the market...
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Two major factors influencing demand are fuel economy and price. Poor gas mileage is the third-most cited reason for rejecting a vehicle, following "total price too high" and "total monthly payment too high," respectively. In 2005, SUV sales were down 30 percent from August to September when gas prices were around $3 a gallon...
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