Sales in the Premium Compact SUV segment in the US rose by 15 percent in the second quarter of 2016, slightly faster than in the first quarter, resulting in an aggregate growth rate of 21 for the first half of the year. The growth is driven primarily by the success of the new BMW X1, but even the older models are doing pretty well, especially the Audi Q3. Overall, the growth rate remains the highest from among all Premium SUV segments. [Read more…]
Midsized premium SUVs in Europe are booming with an increase of 25% in the first quarter of 2016, as Mercedes-Benz finally decided to bring a competitive product to the segment and a handful of older models are surprisingly stable. That hasn’t kept the Range Rover Evoque from reclaiming the lead of the segment ahead of the Volvo XC60. The Evoque has just been facelifted and benefits with a 15% increase of sales. It likely won’t hold on to that lead until the year, as sales of the model are heavily skewed towards March as a result of its popularity in the UK market. It’s surprising to see the XC60, basically an 8-year old model (facelifted in 2014), that still manages to outsell a hot and fresh new rival. I think the Mercedes-Benz GLC will lead the segment by the end of December, and that would be a first for the brand in this segment, as the GLK has never been able to keep up with its rivals.[Read more…]
Sales in the Premium Compact SUV segment in the US rose by 29% in Q1 2015 to 19,104 vehicles, propelled primarily by the success of the new BMW X1. Such a prodigious rate of growth was the highest from among all Premium SUV segments, beating out the fast-growing Premium Large SUV segment (sales up 24%). With the Mini Countryman due for a replacement this year the segment should continue growing nicely in 2016, and could even acquire a new entrant if Acura decides to bring its new CDX to the US. [Read more…]
Sales of Premium Compact SUVs in the US rose by 24% in 2015 to 84.926 vehicles, helped by the two newcomers of 2014 and record volume of one existing model, while the other two of the three existing models lose volume. This means the ranking is shuffled and we have a new segment leader: the Mercedes-Benz GLA. [Read more…]
The premium midsized SUV segment in Europe was red-hot in 2015, growing 25% to 366.008 sales as all remaining nameplates but one show volume improvements and two newcomers have stormed up the charts. After flamboyantly taking control of the segment last year, the Volvo XC60 consolidates its leadership by growing only slightly slower than the rest of the segment and blasting past last-year’s record sales for the already 7-year old model. The XC60 has grown by 67% in two years time thanks to its facelift and the introduction of new, four-cylinder engines. The Audi Q5, just as old as the XC60, improves its sales for the third consecutive year, albeit by a more modest 6%. That means the Q5 still increases the gap to the #3 Range Rover Evoque, as that model is up by just 2% as customers were waiting for the facelifted version to arrive in showrooms. When that happened, the Evoque was up 11% in Q4.
The Premium Compact SUV segment grew by 40% compared to the period Q1-Q3 in 2014, thanks mainly to the two models that entered the market roughly a year ago: Mercedes-Benz GLA and Audi Q3. [Read more…]
Sales of premium midsized SUVs in Europe slow down their impressive growth rate in Q3, with sales up 13% for the quarter, compared to 29% in the first half of 2015. This means the segment has already added over 50.000 units of volume so far this year. Much of this growth comes from new entrants to the segment, but also from the segment leader this year: the Volvo XC60. With an increase of 29% and almost 13.000 added sales, the XC60 looks unbeatable for the rest of the year , even though the Audi Q5 outsold it in August and was only 1.000 units behind in the third quarter.
The Range Rover Evoque has suddenly lost a third of its volume in Q3, after gaining 11% in the first half. The Evoque will be facelifted slightly, without much changes to its exterior design, and the addition of a convertible won’t make much of an impact sales-wise, as our readers agreed in the poll. [Read more…]
The Premium Compact SUV segment grew by 40% year-on-year, the best performance from among all Premium SUV segments that, overall, grew by an impressive 15%. The main driver of growth in the Compact segment has been the introduction of two models to the US market: the Mercedes-Benz GLA and Audi Q3. And with the new X1 going on sale in the second half of the year I would not bet against this healthy growth continuing for a while yet.
The Premium Midsized SUV segment in Europe continues its surge, with sales up 29% in the first half of 2015, boosted by new introductions to the segment, but also continued strength of the existing models, as only 2 SUVs show year-over-year declines (not including the discontinued Land Rover Freelander). The Volvo XC60 confirms it is now the new leader of the segment, with sales up 31% on last year. The XC60 has really been boosted by its facelift and engine updates last year, as it enjoyed record sales in 2014, and is set to do even better this year. As I predicted in the Q1 segment analysis, the Audi Q5 reclaims second place from the Range Rover Evoque. The Evoque will be updated later this year, and a convertible version will be added, although I doubt that will add a lot of volume to the model. A new generation Q5 should arrive next year, but Audi hasn’t yet confirmed this. [Read more…]
As expected, sales of midsized premium SUVs in Europe are booming thanks to a handful of new models and the continued improvement of existing players. After growing 11% to almost 300.000 units in 2014, the segment adds another third to its volume in the first quarter of this year. Extrapolating this growth rate to the full year, premium brands will sell almost 400.000 compact SUVs in 2015.
Volvo continues where it ended 2015 for the first time ever: on top of the ranking. The Volvo XC60 is up 26%, the highest of the top-5 and thus consolidates its new-found leadership. This is the only segment where Volvo clearly outsells its German competitors, which are even outsold by the Range Rover Evoque, although the Audi Q5 is likely to reclaim its #2 spot later this year, as the Evoque will be updated in the second half of the year. Besides that, the small Range Rover traditionally benefits from strong March sales in the UK to enjoy a strong first quarter. Remember it was the leader of the segment in Q1 of 2014? [Read more…]