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ARLINGTON. Va. — It was bound to happen given the rising price of gas: American consumers are passing up SUVs and trucks for smaller, fuel-efficient cars.

The trend is visible in NAFCU’s May Macro Data Report on Vehicle Sales, which cites that overall vehicle sales decreased from 15.1 million annualized units in March to 14.4 million in April. In the past 12 months, sales are down by 14%. The big three American manufacturers are losing share and Japanese competitors are benefiting.

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