Segment sales rise quickly on the back of good Ford Expedition and GMC Yukon sales growth
Sales in the US Large SUV segment rose by 19.2% to 186,534 in the first half of 2019, a marked acceleration on the 4.6% sales growth the segment experienced in 2018. With the new Ford Expedition still in the growth phase, and the new Chevrolet and GMC models sure to debut before the end of the year, it looks like the segment’s [Read more…]
Rising Ford Expedition sales lift the segment into the black, while the Nissan Armada loses steam
Sales in the US Large SUV segment rose by 4.6% to 358,118 in 2018, a return to growth after the small decline in sales the segment experienced in 2017. However, while the total number of cars sold in the segment was the highest it has been since 2008, it still was less than half of the record the segment set in 2001, when more than 750,000 [Read more…]
Ford Expedition sales growth continues to underwhelm, as segment returns to healthy double-digit growth
Sales in the US Large SUV segment rose by 9.3% to 171,647 in the first half of 2018, thanks in large part to a 13.0% growth in the second quarter of 2018. This means that after shrinking slightly in 2017 the segment seems to have well-and-truly returned to growth, and may yet post the best figure since 2007 this year. However, even if it [Read more…]
Chevy and GMC’s twins’ fortunes diverge, as Ford Expedition and Nissan Armada see fast sales growth
Sales in the US Large SUV segment rose by 5.8% to 85,245 in the first quarter of 2018, returning the segment to growth after a small decline in 2017. With the still-new Nissan Armada and the all-new Ford Expedition picking up more sales the segment could grow slowly in 2018, although the really big growth may have to wait until Chevrolet and [Read more…]
Decline in the final quarter pushes segment into a loss in 2017, despite Nissan Armada’s surging popularity
Sales in the US large SUV segment fell by 6.9% to 102,710 in the fourth quarter of 2017, pushing the segment to an overall loss in 2017, with sales falling by 0.5% to 342,525. While this represents only a small fall on the 344,235 cars sold in 2016, itself an eight-year high, it is useful to keep in mind that this is less than half the number of cars sold [Read more…]
Sales of the new Nissan Armada soar as those of other models shrink
Growth in the Large SUV segment in the US went into full reverse in the third quarter – after growing by 26% in the first quarter and marginally shrinking in the second, sales fell by 11% in the latest quarter. While YTD growth remains positive at 2.5%, the total number of cars sold over the first three quarters of the year remained below quarter million at 239,815, making this the smallest from among non-luxury SUV segments. The all-new Nissan Armada is now the only model whose sales have been growing all year long, though this may change as it is about to be joined by an all-new Ford Expedition in the showrooms this fall.
Despite slowdown in Q2, full-sized SUVs the fastest growing mainstream segment, GM still dominant
The Large SUV segment stalled in the second quarter with a sales decrease of 1%. However, Q1 volume was so good that the segment is still the fastest growing mainstream segment in the US with an increase of 11% to 157,084 units. And though that may seem like a lot, remember that 15 years ago GM alone sold more than half a million units of its Chevy and GMC full-sized SUVs in a full year. In Q2, all but one of the models in this segment lost volume, but 5 out of the 8 nameplates are still in the positive for the first half. The all-new Nissan Armada is the fastest growing model in the segment by far and the only nameplate in the positive for Q2, followed by the Ford Expedition, even before the all-new generation arrives in showrooms this fall
Sales in the Large SUV segment increased by 25.9% in Q1 of 2017, after already improving more than 20% in 2016. A total of 80,604 large SUVs were sold in the US in the first three months of the year, making it the second-fastest growing segment overall and the fastest growing mainstream segment. Still, it’s a far cry from the 750,000 annual units the segment sold in the first few years of the new millennium so there’s plenty of room to grow, especially with continued low gas prices. Each of the segment’s 8 models increased its volume, of which only one with single digits. The Nissan Armada even more than doubles up thanks to the new model generation, while 2017 will also bring an all-new Ford Expedition.
Sales in the Large SUV segment increased by 21.8 percent in 2016, making it the second-fastest growing segment, behind the 44.1 percent achieved by the Subcompact SUV segment, but ahead of the 21.0 percent achieved by the Premium Compact SUV segment. What’s even more remarkable is that this growth was driven by a surge in the second half of the year that saw sales rise by 34.9 percent, the fastest growth from among segments. Still, the lower year-0n-year growth saw the Large SUV segment fall behind the Subcompact SUV segment in sales terms, making it the smallest mainstream SUV segment, with 2016 sales of 344,235 only a little over half of what they were in 2006 (620,283). 2017 may finally see the introduction of an all-new Ford Expedition, a car that by some measures could be thought of as the oldest mass-produced model on the US market (even though theoretically in its third generation, the current Expedition can trace its roots to the first model introduced in 1997, which is obvious when you compare the doors or the windows).
Sales of Large SUVs surged 32% in the third quarter of 2016, which brings the year-to-date increase to 15%, up from 5% in the first half of the year. With 92,630 sales, the volume in Q3 was so impressive that it accounts for 40% of the segment volume so far this year (233,971 sales), compared to 35% last year. And the sudden spike in popularity of these juggernauts of the streets can’t be attributed to a single model, as only one of the segment’s eight players shows a loss of volume in the quarter, and all but one of the rest improves with double digits.