Sales in the premium mid-sized segment rose by only 2% compared to 2014, better than the premium large and premium limousine segments, but worse than the premium compact segment and the industry average growth rate of 5%. What’s more, the segment may perform worse still in 2016, seeing as the only notable new model that will reach the US in the next year is the new Audi A4, which is not nearly as big of a player in the US as it is in other markets. [Read more…]
The Premium Mid-sized segment grew by a healthy 10% year-on-year, a better performance than all the Premium segments combined (3%) or the market as a whole (4%). The growth is driven not just by the good performance of the new entrants into the segment (Mercedes-Benz C class, Lexus RC, Acura TLX), but also by the growth in sales of the evergreen BMW 3/4 series. In fact, this may well be one of the “freshest” from among the established segments, with only the aging Audi A4/A5 and Volvo 60 series being more than 4 years old. Such a healthy growth rate widens the lead the Premium Mid-sized segment has over the Premium Large segment, outselling the larger cars by more than 3-to-2, and that lead is only likely to increase when the new A4 enters the market.