After briefly stabilizing in 2017, sales of small crossovers in Europe continued their booming growth curve with a 29% increase in 2018, to 1,94 million. As a result, this segment now accounts for 12,6% of the overall European car market, up almost three percentage points in a single year. Undoubtedly, over 2 million small crossovers will be sold in Europe in 2019, and it could very easily become the second largest segment after subcompact cars, but overtaking compact cars (the “Golf class”). It’s not only one of the biggest segments in terms of volume, but also in the number of players, with no less than 28 models by the end of 2018 and another handful of newcomers arriving in 2019. Meanwhile, the Renault Captur celebrates a fifth consecutive year on top of the ranking and remains the only nameplate in the segment to sell more than 200.000 copies per year, and it has done so for three years in a row without any rival coming close, even with a second generation coming out this year. In fact, the Captur’s closest rival in 2018 comes from its own ranks: the Dacia Duster sets a new annual sales record for the third straight year, improving an impressive 24% on last year’s record. Still, the Duster also loses share as that is less than the overall segment growth. The Peugeot 2008 sees stable sales, just like the Captur, but manages to stay on the podium despite losing almost 3 percentage points of share, again: just like the Captur.
Jeep models shine as segment tops 3.5 million and double-digit sales growth continues unabated
Sales in the US Compact SUV segment rose by 12.6% to 3,557,102 in 2018, making it by far the largest segment in the US, some 50% larger than the second largest segment (Large Pickup). What’s more, despite its size it still recorded the fourth-fastest growth rate in 2018, and was the only segment with total sales over 1 million to record [Read more…]
Segment growth continues unabated as new Jeep models and Subaru Crosstrek star
Sales in the US Compact SUV segment rose by 18.0% to 1,792,752 in the first half of 2018, with sales growth accelerating slightly in the second quarter of the year, relative to the first. With the new Toyota RAV4 and Subaru Forester going on sales soon, and the new Ford Escape about to make its debut, the good times are sure to keep rolling for [Read more…]
The dominance of the Compact SUV segment extends as sales grow by 17%
Sales in the US Compact SUV segment rose by 17.1% to 850,324 in the first quarter of 2018, a considerably faster rate of growth than the 4.6% recorded in 2017 overall. With a ton of new or facelifted models having made their debuts in the market over the past 12 months this is hardly unexpected, but still serves to underscore the love [Read more…]
Sales of small crossovers in Europe took a pauze of their booming growth in recent years. The segment grew by 5% in 2017, to just under 1,51 million units, or 9,7% of the total market, up from 9,5% in 2016. In Q4, volume was up 14% again thanks to new brands entering the segment. The entire top-5 showed single digit growth or declines, indicating the growth is indeed fueled by new entrants. Even with a 2% decline and a resulting one full percentage point of share of the segment, the Renault Captur still rules and is the only nameplate in the class to sell over 200.000 units. Its closest rivals are still the Peugeot 2008 and Opel/Vauxhall Mokka, both with a 3% increase, although the latter was down by 15% in Q4, potentially from internal competition from the newly launched Crossland X, landing at #14 for the year after taking 6th place in the fourth quarter. The new generation Dacia Duster has started sales early 2018, but the outgoing version managed to show a 4% increase last year after a 13% gain in Q4. This is a new annual record for the nameplate. One of the models that made this segment popular Nissan Juke is down 6% but manages to leapfrog the Fiat 500X to reclaim 5th place even though it is one of the oldest models in the class. [Read more…]
Growing demand for hybrid versions of conventional models helps segment grow despite collapse in Prius sales
Sales of hybrid vehicles rose by 2.6% to 90,377 in the fourth quarter of 2017, while overall sales in 2017 rose by 12.4% to 368,137. Hybrid vehicles remain the most popular from among the three types of green cars by far, selling more than double the volume of the other two types: PHEV and EV. Perhaps unsurprisingly given its size, the growth [Read more…]
The largest segment got larger, while new cars are outperformed by established segment players
Sales in the US compact SUV segment, the largest of all segments, rose by 5.8% to 806,341 in the fourth quarter of 2017, while overall in 2017 sales in the segment grew by 4.6% to 3,159,468. What’s more, there seems to be no end in sight for this bonanza – not only did 2017 see a ton of new models debut in the market (Honda CR-V, [Read more…]
The small crossover segment in Europe has definitely hit a ceiling as sales were up just 4% in Q3 even though a slew of new models has been launched during the past few months. For the first nine months of 2017, the segment is up by just 3% to a record 1,13 million sales. As those new entrants gain traction with deliveries, the segment should continue its growth into 2018, but logically even when the absolute growth stays strong, as the segment gets bigger it will get harder to keep up those double digit figures of recent years. After a 12% loss in Q2, segment leader Renault Captur is down by just 2% in Q3 thanks to its facelift. However, the #2 Opel/Vauxhall Mokka was just 1.700 sales behind this quarter, closing in on the YTD #2 spot by just 77 sales. For now, the Peugeot 2008 still holds that second place, but it was down by 12% in the third quarter and was almost down to 4th place as it outsold the Dacia Duster by only 1.500 units. The Duster returns to the black even though its replacement has already been revealed. YTD, the top-5 is relatively stable, including the Nissan Juke, despite being one of the oldest models in the segment. [Read more…]
Sales in the largest of all segments, the compact SUV segment (2,379,590 sales YTD), grew by 4% in the third quarter, a better pace than the 1% registered in the second quarter, but some way off all the other SUV segments. Still, this still means that the segment grew by 4% YTD compared to a 3% decline for the market as a whole, as one would expect given the continued shift towards crossovers among the buying public. And with a ton of new models in the market (Honda CR-V, Chevrolet Equinox, Mazda CX-5, Jeep Compass, Kia Niro, GMC Terrain, Subaru XV Crosstrek, VW Tiguan L) it is reasonable to expect the segments dominance will continue for a long time.
Sales of small crossovers in Europe are starting to plateau after booming growth in recent years. The segment grew by just 5% in Q2 and is now up 10% in the first half, to a record 853.391 units. However, as the segment leader has just been facelifted and a whole bunch of new models are ready to enter the segment, expect the growth to continue for the rest of this year and next. The Renault Captur is down for the first time in its career, losing 12% in the second quarter and 6% year-to-date, as the facelifted version is just making its way into the showrooms. Its segment leadership remains uncontested, as it still sold more than any other model in both quarters. Still, its closest two rivals, the Peugeot 2008 and the Opel/Vauxhall Mokka continue to grow and therefore the top-3 is getting closer to each other but also distancing themselves from the rest of the segment. In 4th place we still find the Dacia Duster, which is stable but therefore loses a full percentage point of share compared to the first half of 2016.