Strong growth from segment leaders and new models
Sales in the Mid-sized SUV segment increased by 9% in the third quarter of 2017, perfectly in line with the growth rate so far this year. Sales YTD now stand at 1,447,356, making this the fifth-largest segment, and only some 60,000 cars behind the rapidly-shrinking mid-sized car segment. If the trend condinues like this, the mid-sized SUV segment will jump ahead if not by the end of 2017, then most likely in 2018. That said, with Buick Enclave, Chevrolet Traverse, GMC Acadia and VW Atlas having hit the market recently there is a surprising dearth of new metal coming in 2018, the only exception being the new Hyundai Santa Fe, with the aging Ford Explorer, Jeep Grand Cherokee, Toyota Highlander and Nissan Pathfinder all still some way off from being replaced.