Sales of large sedans in the US have been declining for 6 years now and volume is down to less than half the volume of 2013. Large sedans now comprise just 2.4% of total new car sales in the United States. King of the large car hill is the Dodge Charger , the only single model in the segment that has been able to buck this trend and improve its sales in 2019, and doing so by double digits while all the other models lost volume by double digits. As a result of its 21% gain, the Charger now holds a 38.9% share of the mainstream large car segment (23.2% including luxury large sedans), up from 26.7% in 2018. At 96.935 deliveries, 2019 is the Charger’s second best sales year since 2009, just 1,400 sales below 2013. Nearest mainstream rivals are the Chevrolet Impala and Nissan Maxima, down by 20% and 17% respectively, and both combined sell about 80,000 units, still far off the Charger’s tally. For both models, this is their lowest volume year since their nameplates were launched. [Read more…]
European sales 2019-H1 Premium Large segment
The premium large car segment in Europe has fallen into a double digit decline in the first half of 2019, with sales down 17% in the second quarter to just under 95.000 sales, after a 13% decline in the first quarter. That leads to a year-to-date decline of 15% to just over 195.000 sales. Only two of the 13 existing models in the class sell more than they did in the same period of 2018, while all the others suffer double digit declines. The Mercedes-Benz E-Class holds its top position with sales down 11% which means it increases its share of the segment to 28,9%. Despite a take rate of 13,9% for the plug-in hybrid version, its nearest rival BMW 5-series loses 19% but still outsold the #3 Audi A6 in the second quarter by nearly 2.000 units. The latter has just been renewed and delivers 15% more vehicles than in Q2 of last year. The A6 adds 6 percentage points of share of the segment, which means these three models now account for 76,5% of all sales in this class. At brand level, Mercedes-Benz, BMW and Audi control 83,3%, up from 77,7% last year. The A6 clearly has a shot at the #2 spot for this year, but is already too far behind the E-Class to reclaim the segment title it last held in 2015. There’s only one caveat to that remark: the E-Class is also available in Coupe and Convertible versions, and sales of those are not split out. Unfortunately we can’t directly compare sales figures of only the sedan and station wagon versions, but the E-Class isn’t as dominant as it seems from these numbers. The Volvo S90/V90 takes a hard hit because of cannibalization from the new S60/V60, which looks very similar to the V90 but is quite a bit more affordable. Sales of the Swedish models are down by 41%, accounting for almost half of the total segment’s decline so far in 2019 and there’s now a significant gap to the top-3.
US car sales analysis 2019 Q2 – Premium Large segment
Lexus ES climbs back to the top of the segment as Audi A6 and A7 see their sales almost double
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Sales in the US Premium Large segment fell by 5.3% to 115,988 in the first half of 2019, a slightly slower rate of decline than the 9.5% the segment experienced in 2018. However, with the new Audi A6 and A7, as well as Lexus ES hitting their strides, and the new BMW 6-series and Mercedes-Benz CLS about to go on sale, their is hope the [Read more…]
European sales 2019-Q1 Premium Large segment
The premium large car segment in Europe has fallen into a double digit decline in the first quarter of 2019, with sales down 13% to just over 100.000 units. Only four of the 14 models in the class sell more than they did in the same period of 2018, and only one in the top-4. The Mercedes-Benz E-Class holds its top position with sales down 11% which means it increases its share of the segment to 28,9%. Despite a take rate of 15,5% for the plug-in hybrid version, its nearest rival BMW 5-series loses 19% and is just 120 sales ahead of the #3 Audi A6. The latter has just been renewed and delivers 12% more vehicles than in Q1 of last year. The A6 adds over 5 percentage points of share of the segment, which means these three models now account for 76% of all sales in this class. At brand level, Mercedes-Benz, BMW and Audi control 83,4%, up from 77,9% last year. The A6 clearly has a shot at the #2 spot for this year, but is already too far behind the E-Class to reclaim the segment title it last held in 2015. There’s only one caveat to that remark: the E-Class is also available in Coupe and Convertible versions, and sales of those are not split out. Unfortunately we can’t directly compare sales figures of only the sedan and station wagon versions, but the E-Class isn’t as dominant as it seems from these numbers. The Volvo S90/V90 takes a hard hit because of cannibalization from the new V60, which looks very similar to the V90 but is quite a bit more affordable. Sales of the Swedish models are down by 39%, accounting for half of the total segment’s decline so far in 2019 and there’s now a significant gap to the top-3.
European sales 2018 Premium Large segment
After a double digit gain in 2017, the premium large car segment in Europe saw its sales decline by 2% in 2018, but manages to stay above 400.000 sales for the second consecutive year and still holds 2,7% of the overall car market. In the top-3, only the BMW 5-series managed to improve its share, and only by the thinnest of margins. This doesn’t necessarily mean the German domination of this segment is under threat, because the losses of their volume sedans (and station wagons) were partially offset by increased sales of their niche models in this segment. While the top-3 models see their combined share thaw from 75% in 2017 to 71,8%, the share of the German 3 brands is stable at 78,9%. The class leader Mercedes-Benz E-Class lost 8% of its sales in 2018 and drops back below 30% share of the segment. The 5-Series is less than 10.000 sales behind thanks to a 1% decline in sales, while the Audi A6 loses ground quickly with a 10% decline as 2018 was a changeover year to the new generation A6.
US car sales analysis 2018 Q2 – Premium Large segment
Sales decline as segment anticipates onslaught of replacements from Audi, BMW, Lexus and Mercedes-Benz
Sales in the US Premium Large segment fell by 4.8% to 123,507 in the first half of 2018, as stagnant sales in the first quarter gave way to a sales decline of 9.3% in the second quarter. With the new Audi A6, Audi A7, BMW 6-series and Mercedes-Benz CLS about to go on sale, the new Lexus ES going on sale in July, and the [Read more…]
US car sales analysis Q1 2018 – Premium Large segment
Segment sales remain stable as BMW 5-series and Volvo S90 steal sales from other models
Sales in the US Premium Large segment fell by a mere 15 units to 62,651 in the first quarter of 2018, a much better performance than the 2017 overall sales decline of almost 10%. Given all the new metal in the segment, however, the expectations were probably higher still – instead, BMW 5-series, Mercedes-Benz E-class and [Read more…]
European sales 2017 Premium Large segment
After 5 years of small declines, sales of premium large cars in Europe rebound sharply in 2017, bouncing back to their 2012 level and back above 400.000 units again after 3 years below that threshold. A 13% gain outperforms the overall market, growing the share of the segment to 2,7%, up from 2,5%. In both the third and fourth quarters the segment growth even accelerated to 19% over 2016. The redesigned BMW 5-series is unable to knock the Mercedes-Benz E-Class off its throne, but keep in mind the latter is helped by coupe and convertible versions which the 5-Series doesn’t have. So in terms of pure sedan and station wagon sales, the battle will be much closer or could even fall in favor of the BMW. Both models gain volume with impressive numbers and increase their combined share of the segment by 7,7 percentage points to 56,2% which means that more than half of every car sold in this class is either a E-Class or a 5-Series. Most of the share gains for these two come from their closest rival Audi A6 which is down by 16% to lose 6,3 percentage points of share as it is due for an all-new generation in 2018. Expect the A6 to suffer even more in the first half of this year before rebounding when customer deliveries of the new model start, but that won’t be enough for the nameplate to return to the top of the chart where it also stood in 2015 and from 2005 to 2007. Perhaps again in 2019?
US car sales analysis Q4 2017 – Premium Large segment
Segment slide continues as new models such as BMW 5-series and Volvo S90 see their sales grow quickly
Sales in the US premium large segment fell by 2.4% to 79,062 in the fourth quarter of 2017, while overall sales in 2017 fell by 9.9% to 286,030. However, despite the appearance and reputation of a staid segment slowly shrinking under the onslaught of SUVs, there is in fact a lot of action going on in the segment, with new models such as BMW 5-series, Mercedes-Benz E-class and Volvo S90 gaining substantial sales at the expense of older models. In 2018 the segment is likely to continue on this path, with the new Audi A6/A7 and Mercedes-Benz CLS joining the fray.
European sales 2017 Q1-Q3 Premium Large segment
The premium large car segment in Europe picks up momentum in Q3 of 2017 with a 19% increase to over 100.000 sales, leading to an 11% sales gain in the first nine months of the year, to nearly 319.000 sales. The segment is consolidating towards as only one nameplate in the top-5 shows a year-over-year loss, while all models outside of those 5 best sellers lose volume with double digits. In the third quarter the all-new BMW 5-series took the segment top spot with a gain of 61% to nearly 31.000 sales, just ahead of the Mercedes-Benz E-Class with 30.000 sales (up 24%), but the E-Class holds on to its top spot for the year. Keep in mind, the E-Class includes coupe and convertible versions, which the other models don’t have, and these two-door versions are still pretty fresh so could be responsible for most of the growth of the nameplate, together with the also still recent station wagon. In terms of pure sedan and wagon sales, the 5-Series is probably already in the lead this year. These two leave the Audi A6 far behind, down 16% in the third quarter to less than 19.000 sales. Remember the A6 was the segment leader as recently as 2015, before its rivals were renewed. It will have a new shot at the title in 2019 as its next generation will hit showrooms in the second half of next year. So far in 2017, these three German models account for more than three out of every four sales in this segment, up three percentage points from last year.