US sales 2017 Q3: Premium Large SUV segment

Segment recovers as some of the newcomers see good sales growth

US Large Premium SUV
Sales of Premium Large SUVs were up 5% in the third quarter of 2017, a slightly recovery from the gently 2% sales decline over the first two quarters of the year. With a total of 366,324 units this still makes this the largest from amongst the Premium SUV segments, but the lead it has to the Premium Mid-sized SUV segment continues to shrink. 

Note: after lumping really models as disparate as the Lincoln MKX and Bentley Bentayga under the Premium Large SUV banner for a long time, we have decided to split the segment into two: Premium Large SUV and Premium Full-size SUV. The difference between the two will hopefully be self-evident, but we’re aiming for the latter segment to capture models that are ahead of the more homogenous Premium Large SUV pack either through their size (Lincoln Navigator, Cadillac Escalade, Infiniti QX80, Mercedes-Benz GLS, Lexus LX), price (Range Rover, Mercedes-Benz G-Class), or both (Bentley Bentayga). Let us know what you think of this new split.

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US sales 2017 Q3: Premium Mid-sized SUV segment

Stability in a segment normally full of surprises

US premium mid-sized SUVSales of Premium Mid-sized SUVs in the US were up 3.9% in Q3 of 2017, a slowdown compared to the first two quarters of the year, when the segment recorded robust double-digit growth. Still, sales are up 8.9% since the beginning of the year, to 328,025, meaning the segment continues to (slowly) close the gap to the Premium Large SUV segment, which is still the largest from among Premium SUV segments at 458,376 units for the first three quarters of the year. With the new Audi Q5Alfa Romeo Stelvio and Range Rover Velar still building sales, and the new BMW X3, Infiniti QX50 and Volvo XC60 coming to market soon, the segment is bound to grow robustly in the next year.… Continue Reading …

US sales 2017 Q3: Premium Compact SUV segment

Fastest growing segment in the US, now larger than premium compact car segment

US premium compact SUV 2The Premium Compact SUV segment continued its trend of double-digit sales increases in 2017, growing by 17.0% in the third quarter. This makes it the only Premium SUV segment to maintain double-digit growth in all quarters of 2017 so far, although at 84,544 units sold it remains the smallest of the three by far.  With sales of the new generation Mini Countryman picking up, and the arrival of the BMW X2, Jaguar E-Pace and Volvo XC40 by the end of the year, the segment is bound to continue on this path of growth. Next year, Audi could bring the Q2 to the States as well, although this has not yet been officially confirmed, nor has Acura hinted at the possibility that the China-made CDX is coming to the US. If so, it won’t be for at least another year.

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US sales: October 2017, brands

The decline in the US car market resumed in October, and even though the 1.1% decline in sales was the mildest since May it was still an unwelcome return to trend after the surprising 6.3% growth in sales in September. The SAAR (Seasonally Adjusted Annual Rate) once again was over 18 million, suggesting a healthy market, but it remains to be seen whether the coming months will be more like September, or whether we will continue to see a steady slide in sales numbers.

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US sales 2017 Q3: Limousine segment

Sales fall in the third quarter despite a bevy of fresh models

US limousine segmentAfter inching up slowly in the first two quarters of the year, sales in the Limousine segment in the US fell by 16% in the third quarter, the worst performance from among all Premium segments, car and SUV. That said, total sales so far this year (42,929) are only 3.6% down on this time last year, which is a better performance than both the Premium Compact and Premium Mid-sized segments. Moreover, with many new models still building sales (BMW 7-seriesCadillac CT6Genesis G90, Porsche Panamera) and two new models about to go on sales in the third quarter (Audi A8 and Lexus LS) the prospect for the segment looks bright in the next year. 

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US sales Q3 2017: Premium Large segment

Segment arrests its slide in Q3’17, thanks to new BMW 5-series and good performance from FWD modelsUS-sales-premium_large_car-segmentAfter consistently losing around 15% in sales each quarter since the beginning of 2016, the Premium Large Car segment finally rebounded a bit in the third quarter, and while it still hasn’t gone back to black, it got close with a 2% decline, the lowest from among all Premium Car segments. And while the segment is still likely to see its sales decline by double digits by the end of the year, driven mostly by rising popularity of crossovers, it is good to see that good new models like the BMW 5-series and Volvo S90 can still attract a lot of customers.… Continue Reading …

US sales Q3 2017: Premium Mid-sized segment

The segment dips into the red but still outperforms other premium car segments

US-sales-premium_midsized_car-segmentSales of Premium Mid-sized cars fell by 9% in the third quarter of the year, down to 316,919, erasing the sales gains recorded over the first half of the year. Still, the segment is still the best performing from among all premium car segments, with all the other ones losing more sales since the beginning of the year. A big reason for is that over the past year a lot of new metal has hit the market (Audi A5, Infiniti Q60Alfa Romeo Giulia), while a few other models are still fresh and growing strong (Audi A4Jaguar XE). With the new BMW 3-Series around the corner, and a new Lexus IS and Volvo S60 not far off, the prospects are pretty good for this segment, despite the onslaught from premium SUVs.

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US sales Q3 2017: Premium Compact segment

Every single model loses sales, with the exception of the new Mini Clubman
US premium compact

The decline in the Premium Compact segment in the US slowed down in the third quarter of the year, but the segment still shrank by 5% over the period, bringing the YTD decline to 18.1% – worse only than the Minicar, Subcompact and Small Sports segments. While the one new entrant, Mini Clubman, has done reasonably well to bring in new customers, as did the Infiniti QX30 (which we officially classify as a Premium Compact SUV, and only include here for reference) , every other model in the segment saw its sales fall by 20% or more since the beginning of the year. With the new Mercedes-Benz A-class and BMW 1-series sedans still at least a year away from market, the prospects for this segment are not looking very bright.

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US sales Q3 2017: Large SUV segment

Sales of the new Nissan Armada soar as those of other models shrink

US SUV Large

Growth in the Large SUV segment in the US went into full reverse in the third quarter – after growing by 26% in the first quarter and marginally shrinking in the second, sales fell by 11% in the latest quarter. While YTD growth remains positive at 2.5%, the total number of cars sold over the first three quarters of the year remained below quarter million at 239,815, making this the smallest from among non-luxury SUV segments. The all-new Nissan Armada is now the only model whose sales have been growing all year long, though this may change as it is about to be joined by an all-new Ford Expedition in the showrooms this fall.

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US sales Q3 2017: Mid-sized SUV segment

Strong growth from segment leaders and new models

US-sales-midsized_SUV-segment-2016-Kia_Sorento-Chevrolet_Traverse-Ford_Explorer-Dodge_Durango-Nissan_Pathfinder-Honda_Pilot-Toyota_HighlanderSales in the Mid-sized SUV segment increased by 9% in the third quarter of 2017, perfectly in line with the growth rate so far this year. Sales YTD now stand at  1,447,356, making this the fifth-largest segment, and only some 60,000 cars behind the rapidly-shrinking mid-sized car segment. If the trend condinues like this, the mid-sized SUV segment will jump ahead if not by the end of 2017, then most likely in 2018. That said, with Buick EnclaveChevrolet TraverseGMC Acadia and VW Atlas having hit the market recently there is a surprising dearth of new metal coming in 2018, the only exception being the new Hyundai Santa Fe, with the aging Ford ExplorerJeep Grand CherokeeToyota Highlander and Nissan Pathfinder all still some way off from being replaced.

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