Sales of large SUV are up 8.8% in the last quarter of 2015 to soften the full-year loss to 4.5%, up from -10% after the first three quarters. The GMC Yukon and Yukon XL are to thank for that year-end rally as they were up 16% and 14% in Q4 respectively. That makes them the only two models in the top-5 to improve their volume on last year as they both score their highest sales since 2007. It also helps the Yukon move past the Ford Expedition for the very first time ever to make it an all-GM podium, also a first. General Motors’ share of the segment remains stable at over 75%.
Car sales statistics for the large SUV segment in the US, updated every quarter.
The Large SUV segment continued shrinking in Q3, with sales down by 10% compared to the same period last year. While the low gas prices seem to have benefited most other SUV segments, these ladder-on-frame dinosaurs clearly have a hard time getting back into favor with customers, possibly due to increasing competition from much newer, and better, competition from the Large Premium SUV segment. [Read more…]
The Large SUV segment shrank by 3% year-on-year, by far the worst performance of all non-premium SUV segments. It is important to keep in mind, however, that this trend is partly explained by the way this segment is defined – as really large SUVs with body-on-frame construction. And it is the fact that customers are gradually turning away from these rather uncouth underpinnings towards altogether more comfortable monocoque-based cars that will explain the decline of this segment, although many of the Midsize SUVs are, in fact, as big on the outside (and often bigger inside) than those in the Large SUV segment. [Read more…]