Sales in the Mid-sized SUV segment increased by 9.5% in the first half of 2017, an improvement on the 4.4% gain the segment experienced in 2016. What’s more, the absolute volume of 952,645 put the segment once again within spitting distance of the mid-sized car segment, underlying how the market has shifted in favor of crossovers in the past two decades. That said, 2017 does not seem like the year that mid-sized crossovers overtake the mainstream cars, for while there is plenty of new metal coming to the market (Buick Enclave, Chevrolet Traverse, GMC Acadia and VW Atlas), none of these models are likely to trouble the segment leaders or add that greatly to the segment total. [Read more…]
At just 16.400 sales in Q1 of 2017, the large SUV segment is one of the smallest in Europe, in contrast to the US where it’s almost the largest segment as Americans buy almost 30 times as many of these cars than Europeans do. And every single model in the US midsized (yes, they have an even bigger segment above these) crossover segment top-13 (out of 17) outsells the entire European segment combined. Still, at +41% in the first quarter of 2017, this is one of the fastest growing segments in Europe, although that’s all thanks to one newcomer. This newcomer also breaks the Asian domination of the segment to put an American model on top in Europe for the first time ever. The Ford Edge has stormed up the charts since its launch halfway through 2016, but was unable to claim the full year top spot. But in the first quarter, the Edge has taken a controlling lead with over 31% share of the segment and more than 1.000 units ahead of its nearest rival.
Sales in the Mid-sized SUV segment increased by 7.3% in the first quarter of 2017, following a 4.4% gain in 2016. Total volume for Q1 was 445,875, which means it’s closing in on the midsized sedan segment. Of the 18 models in this segment, 7 showed double digit growth or better, 8 showed double digit declines, 2 showed single digit declines and only one model increased by less than 10%. This year we’ll see the introduction of the new, super-conservative VW Atlas, as well as the second-generation Buick Enclave, Chevrolet Traverse and the smaller (“right-sized”) GMC Acadia and an updated Ford Explorer. Next year Subaru will join the party too with its Ascent. [Read more…]
Large SUVs are just a small part of the European market, making up just 0,36% of the industry, but at +16% in 2016, it grows faster than the overall market at +6,2%. Across the Atlantic, these vehicles make up 10,3% of the US market as Americans buy 33 times more of these SUVs than Europeans do. And every single model in the US midsized (yes, they have an even bigger segment above these) crossover segment top-14 (out of 17) outsells the entire European segment combined. If in the US 3 out of the top-4 models are from domestic brands, in Europe the South-Koreans have dominated this segment for years. Thanks to sales up 10%, the Hyundai Santa Fe reclaims the segment lead from its sibling Kia Sorento, down 7% despite being two years younger (2014 vs 2012). At the end of Q3 the Sorento was still on top with a very thin margin, but the Santa outsold it in Q4 for the second straight quarter to finish the year on top. However, Hyundai-Kia has lost 7,5 percentage points of its share of the segment compared to last year, and the culprit of this loss can be found in third place.
Sales in the Mid-sized SUV segment increased by 4.4 percent in 2016 to a total of 1,803,382 units, a slightly faster rate of growth then the Compact SUV segment, but considerably slower than the double-digit growth registered by the other two, smaller mainstream SUV segments. 2017 will see the introduction of the new, super-conservative VW Atlas, as well as the second-generation Buick Enclave, Chevrolet Traverse and the smaller (“right-sized”) GMC Acadia. [Read more…]
Sales of large SUVs are picking up back as 2016 progresses. After a 9% loss in Q1 and a 15,5% increase in Q2 the segment increases again by 15,6% in Q3 to bring the year-to-date growth to 8%, better than the overall market at +7,5%. All the existing and remaining models have single digit increases or losses, as all of the segment’s growth and more can be accounted for by the arrival of the Ford Edge. This newcomer has climbed up to third place, which means we’ve had a different #3 in each of the quarters this year, while the leaders have remained unchanged so far. In Q1 the Mitsubishi Pajero was on the podium, after Q2 the Toyota Land Cruiser had taken over, and now the Edge seems dedicated to hold on to this position for the rest of the year. The Hyundai Santa Fe actually outsold the Kia Sorento in Q3 and the two platform siblings are now separated by just 65 units year-to-date.
Sales of Mid-sized SUVs increased by 2% in the third quarter of 2016, similar to the second quarter and bringing the year-to-date increase to 1.359.559 sales and up 3%, which is still faster than the overall market. In the segment top-10, only three models lost volume, including the best selling model of the segment as the biggest loser of the top-10. [Read more…]
Sales of large SUVs are back into positive figures in the first half of 2016 after falling in Q1. Still, a 2% increase is slower than the overall market at +8,8%, but keep in mind segment sales surged 23% in 2015 thanks to the new generation Kia Sorento. The Sorento holds on to its segment leadership with sales up 5% while its sister model Hyundai Santa Fe loses 11%, but that’s only because it lost big in the first quarter of this year. In Q2, the Santa Fe improved its year-over-year volume by 2%. The two South Korean models still hold over 63% of the segment in Europe, not surprising considering they are unibody crossover while their nearest competitors are traditional body-on-frame SUVs; more capable off-road, but less efficient and less comfortable.
Sales in the Mid-sized SUV segment grew by 2 percent in the second quarter of the year, slightly slower than the 4 percent growth in the first quarter of the year, for a total of 868,715 cars in the first half of 2016. With such sales figures the segment finds itself in a bit of a no man’s land between the likes of Large and Minivan segments (both around 300,000 units over the half year) and segments like Compact or Large Pickup (both with slightly over a million units over the time period). However, if the Compact segment continues shrinking as it has been recently (down 6 percent in the first half of 2016), than the Mid-sized SUV sector will catch it sooner rather than later. [Read more…]
The large SUV segment in Europe shrinks 9% in Q1 of 2016 while the overall market grows by 8%, after the segment grew a healthy 23% in 2015. Only two models improve their volume on the same quarter of last year: the new leader Kia Sorento, boosted by the all-new generation, and the evergreen Mitsubishi Pajero. That leaves last year’s leader Hyundai Santa Fe in 2nd place with sales down 22%, probably thanks to cannibalization from both the new Sorento and the new Hyundai Tucson, even though that model is a class smaller. I have no substantiated explanation for the rebound of the Pajero, which started last year when it gained 22%. A small facelift hasn’t exactly turned the already 10 year old model into a hot fresh thing, especially since the engines are simply carried over.[Read more…]