The midsized car segment in the US is not as badly in dire straits as in Europe (-19%), but a 7% decline is still more than the overall car market and decreases its share of the market from 13% to 12.3%. However, when looking at just the sedan (non-SUV) market, the midsized segment actually outperforms its peers and improves its share from 42.2% to 44.3%. The Toyota Camry gains share thanks to a 2% loss in 2019, and thanks to the Honda Accord’s 8% decline, the Camry now has an almost 70,000 sales advantage over its nearest rival. The Nissan Altima sees stable sales in 2019 thanks to the new generation, and the same reason helps the Subaru Outback to a 1% gain, which adds one percentage point of share to both nameplates. When combining sales of the Outback and its sedan cousin Legacy, Subaru holds the #3 spot in this segment. Very impressive for what used to be a niche brand. [Read more…]
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Sales of compact cars in the United States are down by a worrying 16% in 2019, and the segment is down 1.6 percentage points of share of the total US car market, to 9.7%. It now holds 35% of the sedan market in the US, down from 36.8% in 2018. The Honda Civic and Toyota Corolla consolidate their leadership thanks to stable sales while their closest two rivals both see their sales drop by double digits. The Civic and Corolla are now not only the only two nameplates to sell over 300,000 cars each, but also the only ones to sell over 200,000 cars, with the Nissan Sentra and Hyundai Elantra both dropping below that threshold as both are down by 13%. The Civic and Corolla together hold 38% of the compact car segment (39.7% of non-luxury compact cars), up from 32% in 2018. We lose three members of the 100k sales club, as the Ford Focus and Chevrolet Cruze have been killed by their manufacturers and the Kia Forte dropped below that mark despite falling slower than the overall segment. We do welcome a returning member after a 1-year absence with the Jetta back above 100,000 sales again, allowing it to jump from 8th in 2018 to 5th in 2019. [Read more…]
The subcompact car segment in the United States saw a decline of 6% in sales in 2019, as it now holds just 2% of the overall car market and 7.3% of the overall market for sedans. The class leader Kia Soul consolidates its position as it moves with the segment at -6% while its closest rival Nissan Versa is down by double that at -12% as it’s preparing for a new model generation. The Ford Fiesta, in its last full year on the North American market, shows a 16% gain as dealers are discounting to move them off their lots. [Read more…]
Despite the low fuel prices and all the talk about Americans buying fewer cars, especially small cars, the minicar segment in the United States has managed to actually grow in 2019, showing a 6% increase to over 80,000 sales, which means it still holds a tiny share of 0.5% of the total US car market. The two best selling nameplates in the segment happened to be the only two to improve their sales volume, and both did so by double digits, while the remaining three all lost by double digits. [Read more…]
A lot of analysts had predicted US car sales to dip below 17 million in 2019, but the market proved stronger than expected and has scored a fifth consecutive year above that symbolic 17 million mark, despite a 1.2% drop in sales. As has been the trend in recent years, sales of car models (sedans, hatchbacks, wagons, coupes and convertibles) declined, as they showed an 11.7% drop to a record low share of 27.8% of the total market, while truck sales (crossovers, SUVs, pickups, minivans and vans) were up 2.7% to a record 72.2% of the market. Japanese brands were the biggest losers at -2.9% but still hold 37.2% combined market share, the lowest it has been since 2015. American brands also struggled (-2.1%) to a share of 44.9% the third-ever lowest share after 2012 and 2017. European brands were up 1.2% to a share of 9.6%, the highest since 2013. Korean brands were the big winners in 2019, gaining 4.6% to a market share of 7.8%, the highest since 2016 but still a full percentage point below its peak in 2011. [Read more…]
Segment bounces back after years of decline on the back of BMW 8-series sales
Sales in the US Large Sports and Exotics segment rose by 7.8% to 21,983 in the first half of 2019, a strong rebound that may put an end to the decline the segment has been experiencing since 2014, including last year when sales fell by almost 20%. With the all-new Chevrolet Corvette looming large on the horizon the future of the segment [Read more…]
Segment decline continues as BMW Z4 fails to make up for losses elsewhere
Sales in the US Mid-sized Sports segment fell by 8.6% to 98,360 in the first half of 2019, a slightly slower rate of decline than the 10.6% the segment recorded in 2018, but a substantial fall nonetheless. Much of this is driven by the big three US muscle cars (Ford Mustang, Chevrolet Camaro, Dodge Challenger), which continue in the market [Read more…]
Only new Hyundai Veloster prevents segment from a serious sales decline
Sales in the US Small Sports segment fell by 0.8% to 18,305 in the first half of 2019, which on first glance may suggest that the segment is holding steady. This, however, would be greatly misleading. In fact, the only model to see positive growth is the hugely popular (by segment standards) new Hyundai Veloster, whereas the rest of the models [Read more…]
Segment sales surge on the back of great performances from Escalade, X7 and G-Class
Sales in the US Premium Full-size SUV segment rose by 31.7% to 69,767 in the first half of 2019, making this far and away the best-performing segment of all. What’s more, this performance that comes courtesy of new models (BMW X7) and new versions of existing ones (Lincoln Navigator, Mercedes-Benz G-Class), puts the model well on course to [Read more…]
Segment sales inch up towards a new record year as Porsche Cayenne sales surge
Sales in the US Premium Large SUV segment rose by 4.0% to 246,795 in the first half of 2019, suggesting the segment may be able to recover from its mild -0.8% sales slump it experienced in 2018. If it does, it will set a new sales record, beating the 513 thousand record set in 2017. With plenty of new metal, including the new Audi Q8 and [Read more…]