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Booming SUV market gets new entries

2015-02-16

DETROIT  - Sport-utility vehicles are unstoppable - and automakers hope to cash in on the boom with some updated models at this year’s Chicago Auto Show.

One out of every three new vehicles Americans bought last year was an SUV, according to Kelley Blue Book. SUV sales rose 12 percent to more than 5.5 million. That was double the pace of the industry as a whole.

Strong demand is likely to continue this year, says Jesse Toprak, president of Toprak Consulting Group.


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