The full-sized SUV segment in the US grew 5% in 2019 to return to above half a million annual sales for the first time since 2007. This segment takes 3% of the total US car market, up from 2.8% in 2018. Over half of all sales in this class (including luxury SUVs) are for a General Motors product (52.3% market share), despite having one of the oldest line-ups in the segment. A new generation of the GM products was launched early 2020 and should bring them closer to the competition in terms of technology. Especially in the non-luxury part of this class, fleet sales to government, large businesses and rental companies are a very important market for this type of vehicle, which makes price more important than ride quality, handling and refinement. [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…]
Sales of Lincoln Navigator surge even further, as segment slides back into the red
Sales in the US Premium Full-size SUV segment fell by 3.1% to 60,612 in the first half of 2018, as the segment’s rate of decline accelerated to 4.5% in the second quarter of the year. With the new Lincoln Navigator being the only new model still ramping up sales, and only the new Mercedes-Benz G-Class set to go on sale before the end of the [Read more…]
Sales in the US Premium Full-size SUV segment fell by 1.6% to 30,794 in the first quarter of 2018, a slight slow-down relative to the 2.5% growth the segment recorded in 2017. With the new Lincoln Navigator and Infiniti QX80 still ramping up sales, and the new Mercedes-Benz G-Class set to go on sale in the coming months the segment may [Read more…]
Sales in the premium full-size SUV segment fell by 7.0% to 34,507 in the fourth quarter of 2017, while overall sales in 2017 rose by 2.5% to 126,559. The segment remains slightly ahead of the premium compact SUV segment, but with the latter growing at double-digit rates it seems likely it will become the smallest among the premium SUV sectors [Read more…]
Slowdown in the sector almost pushes it into the clutches of the Premium Compact SUV segment
Sales of Premium Full-Size SUVs were down 1% in the third quarter of 2017, a slight slowdown relative to the 3% growth in the second quarter, and a considerable slowdown relative to the 19% growth recorded in the first quarter. With 92,052 sales since the beginning of the year, the segment remains slightly ahead of the Premium Compact SUV segment, but with the latter growing at double-digit rates it seems likely it will become the smallest among the Premium SUV sectors in 2018, unless the new Lincoln Navigator and upcoming Cadillac Escalade can somehow bring back the era when bling dinosaurs ruled the earth.
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.
Stable sales for large luxury crossovers, slight growth for full-sized luxury crossovers.
Sales of Premium Large SUVs appear to have peaked, as first half 2017 figures are up just 1% over the same period last year, for a total of 296,538 sales. So far this year, the trend in the premium segment seems to be: the bigger the truck, the slower the sales growth. However, subdivided in Large and Full-sized SUVs, the former subsegment is down by 1% to 236,206 sales, while the really big trucks still improve by 11% to 60,332 sales. The segment has had a boost of fresh and updated models in recent years, but will take a breather in coming months. We’ve just had the launch of the new generation Land Rover Discovery to replace the LR4, but we’ll have to wait until next year for the arrival of the Lexus RX 7-seater, new generation BMW X5 and the long-awaited new Mercedes-Benz G-Class. In the full-sized subsegment, there will be more news this year, with the new generations of the Infiniti QX80 and the Lincoln Navigator arriving in showrooms in the second half, as well as an updated Cadillac Escalade.
Sales growth in the Premium Large SUV segment slowed in the first quarter of 2017, with a gain of 4.9% to 142,801 sales. Subdivided in Large and Full-sized SUVs, we can conclude that almost all of the growth comes from the latter. While large SUVs gained 1.5% to 112,501 sales, the largest premium SUVs on the road increased their sales by 19.5% to 30,300 units. This is a similar trend as with mainstream crossovers and SUVs, where also the smallest (subcompact crossovers) and the largest (full-sized SUVs) were the fastest growing “truck” segments. This segment has seen quite a few new entrants and model updates in 2016, but won’t sit still this year either, so expect the winning streak to be extended to 8 years of consecutive growth. Combined, out of 24 players in this segment, only 9 lose volume, of which just 3 with double digits, compared to 7 double digit gainers.
Sales in the Premium Large SUV segment rose by 8.7 percent in 2016 to 616,093, allowing the segment to retain a healthy margin ahead of the Premium Mid-sized SUV segment. The growth figure becomes an even-more-impressive 10.0 percent with the inclusion of the Tesla Model X, which is listed in the Alternative Power segment – impressive in this era of downsizing. The popularity of this segment is borne out in the sheer number of models offered by manufacturers: with a total of 25 models following the introduction of Maserati Levante and Bentley Bentayga, this segment is now one of the most populous. 2017 will see the introduction of the newest versions of the BMW X5, Mercedes-Benz GLE and Porsche Cayenne, as well as the new Land Rover Discovery which should reintroduce the Discovery name in the US.
Sales in the Premium Large SUV segment rose by 11 percent in the third quarter of 2016, one percent faster than in the first two quarters of 2016. When you include Tesla Model X, which technically belongs in the Alternative Power segment, that rate of growth rises to 13 percent YTD – impressive in this era of downsizing. Moreover, the popularity of the segment is borne out in the sheer number of models offered by manufacturers: with a total of 24 models following the introduction of Maserati Levante and Bentley Bentayga, this segment is now one of the most populous.