Americans ditch EVs for bigger vehicles as auto trends reverse [FOX Business Network]
NISSAN MOTOR LTD S/ADR (NSANY)
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Source: FOX Business Network
A shift in the auto market is becoming harder to ignore as consumer demand tilts back toward larger, gas-powered vehicles, even as electric vehicles struggle to maintain momentum. FOX Business correspondent Jeff Flock joined FOX Business' Stuart Varney on " Varney & Co. " to report from the New York Auto Show, where automakers are leaning into SUVs and trucks amid changing buyer preferences. Recent sales data underscores that pivot. Midsize SUVs and trucks are seeing notable gains, while smaller cars and electric vehicles are losing ground , highlighting a widening gap between industry ambitions and what consumers are actually buying. According to Cox Automotive and Kelley Blue Book, midsize SUV sales are up 15%, midsize truck sales are up 14%, while compact car sales are down 8% and EVs are down 26% in February compared to the same time last year. EV momentum has become increasingly uneven. Electric vehicles reached 10.5% of U.S. new-vehicle sales in the third quarter of 2025
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