Sales of passenger vans have increased in the third quarter of 2014, for both segments. The large passenger van segment is now up 5% on 2013, while the compact passenger van segment has returned into positive territory, improving 2% on last year.
The large passenger van segment is benefiting from a flood of new generations and model updates, but despite being one of the oldest models in the segment, the Volkswagen Transporter/Multivan T5 still manages to improve its sales, albeit slightly. It still holds over 33% share of the segment, more than 10% over its nearest competitor, the Fiat Ducato. I expect the Ducato to improve even further next year, as the model has just been updated. [Read more…]