Sales in the Premium Mid-sized SUV segment rose by 14.9 percent in 2016, a slightly slower pace of growth than for the Premium Compact SUV segment, but faster than the Premium Large SUV segment. Moreover, with total sales of 434,412 it came to within 3,000 units to outselling the Premium Mid-sized segment – it has increased its sales almost seven-fold over the past decade, while its non-SUV cousin segment lost almost 20 percent of sales over the same period. 2017 promises to be yet another good year for this segment, with the arrival of the new Audi Q5, BMW X3, as well as possibly the new Volvo XC60 and Infiniti QX50. [Read more…]
US sales 2016 Q1-Q3 Premium Mid-sized SUV segment
Sales in the Premium Mid-sized SUV segment rose by 12 percent in the third quarter of 2016, a slightly faster pace than in the previous quarter, but still slower than the 24 percent growth recorded in the first quarter. Overall, the segment grew by 15 percent YTD, slightly slower than the Premium Compact SUV segment, but faster than the larger Premium Large SUV segment. [Read more…]
US sales 2016 first half Premium Mid-sized SUV segment
Sales of Premium Mid-sized SUVs in the US rose by 10 percent in the second quarter of the year, a slightly slower pace than in Q1. While sales it the segment are boosted by a lot of new metal (Mercedes-Benz GLC, Land-Rover Discovery Sport, Cadillac XT5, Jaguar F-Pace), they are at the same time weighed down by model changeovers (combined sales of Cadillac XT5 and SRX are down on sales of only the latter in 2015) and aging models such as the soon-to-be-replaced Audi Q5, as well as Range Rover Evoque and Volvo XC60. [Read more…]
US sales Q1 2016 Premium Mid-sized SUV segment
Sales of Premium Mid-sized SUVs in the US rose by 24% in Q1 2016 to 91,701 vehicles – a slightly slower rate of growth than the smaller Premium Compact SUV segment, but faster than the Premium Large SUV one. Growth in the segment was driven both by new models (Mercedes-Benz GLC, Land-Rover Discovery Sport) and existing models enjoying better sales (BMW X3, Porsche Macan, Infiniti QX50). That said, despite sales in the segment booming, some big players lost more than 30% of sales, most notably Volvo XC60 and Range Rover Evoque. While these two models will have to soldier on for a while longer before their replacements arrive, 2016 will see the release of a two major new models: Cadillac XT5, which is about to hit the market any month now, and Audi Q5 Mk II, which will join it later in the year. [Read more…]