The Big 3′s SUV market visualized
Full-size trucks and SUVS are the single-largest component of the profits at General Motors, Chrysler, and Ford, auto analyst Michael Ward tells Reuters. Here’s more:
Promotion of green technologies, notably hybrid and electric vehicles, has been a signature policy of the Obama administration, which oversaw the $80 billion taxpayer-funded bailout in 2009 of General Motors and Chrysler.
Those same U.S. taxpayers, however, have shown a marked preference for big trucks such as the best-selling Ford F-150 over cleaner, more economical “electrified” vehicles such as the Chevrolet Volt.