Why GM's New Crossovers Are Selling Like Hotcakes

While many of the biggest automakers experienced declines last quarter, General Motors (NYSE: GM) saw a 7.5% boost in August, and that's in no small part because of its new crossovers.

In this segment from Industry Focus: Industrials, analyst Sarah Priestley and senior auto specialist John Rosevear discuss GM's crossover line, and explain why customers are so eager to buy them recently. Listen in to find out how much sales have grown, why consumers are switching over from SUVs to crossovers, why crossovers appeal to both baby boomers and millennials, and more.

A full transcript follows the video.

Source: Fool.com