Sales of midsized premium SUVs in Europe continue to grow in 2018, but at a lower rate than before. After four consecutive years of double digit growth, of which the last three years showed at least 20% growth, the segment was up “only” 5% in 2018. This still means that for the first time ever, over half a million luxury midsized crossovers were sold in Europe. And after claiming the segment lead last year, the Mercedes-Benz GLC consolidates its lead with a 13% gain to over 125.000 sales, almost one in every four sales in this segment. Please note that these figures include sales of the GLC Coupe, but even without those the GLC would easily top the ranking. Just imagine the sales volume (and turnover) Mercedes-Benz has missed by completely failing with the design of its predecessor GLK, which peaked at just 33.000 sales and 15% of the segment in 2012. The Volvo XC60 is down 19% in the first full year of sales for the new generation, and this is mostly due to the strong finish of the previous generation, which even continued to be sold alongside the new model in its home market Sweden. Despite sales back to its 2016 level but its market share thawed to the lowest in at least 7 years, the XC60 still holds on to its #2 spot ahead of the Audi Q5, which sees stable sales in 2018, as it also did in 2017. The Q5 has been around 70.000 annual sales for three years now, even during the changeover to the next generation and last year’s introduction of the WLTP fuel efficiency testing procedures, which meant some versions of the Q5 (and many other models) could no longer be sold after September 1st, 2018.
BMW X2 and Volvo XC40 gain great traction in market, while E-Pace struggles
Sales in the US Premium Compact SUV segment rose by 23.7% to 70,770 in the first half of 2018, thanks to a remarkable 42.5% growth in the second quarter of the year. With the new BMW X2, Jaguar E-Pace and Volvo XC40 beginning to stretch their legs sales-wise, the second-generation Audi Q3 and Lexus UX arriving imminently, [Read more…]
Mini Countryman soars, Infiniti QX30 stumbles, as Volvo XC40 heads fellow freshmen BMW X2 and Jaguar E-Type
Sales in the US Premium Compact SUV segment rose by 7,2% to 32,476 in the first quarter of 2018, a significant slowdown from the 18.2% growth the segment achieved in 2017. With the new BMW X2, Jaguar E-Pace and Volvo XC40 only just having entered the market, and the new Mini Countryman still stretching its legs sales-wise, the [Read more…]
Sales of midsized premium SUVs in Europe continue to boom with a fourth consecutive year of double digit growth, of which the last three years showed at least 20% growth. In 2017, the segment grew by 21% to a record 492.500 sales, or 3,2% of the overall European car market, up from 2,7% in 2016. The first nameplate in this segment to top 100.000 annual sales is the Mercedes-Benz GLC, a runaway success for the brand which had struggled with the unsuccessful GLK until just a few years ago. Keep in mind these figures include sales of the GLC Coupe version, as the GLC would be in second place with just over 85.000 sales without the Coupe. Then again, its closest rival and former segment leader Volvo XC60 benefits from also having 2 different versions available for a few months after the arrival of the new generation. Especially in its home market Sweden the outgoing XC60 was continued to be sold at reduced prices alongside the new version, allowing it to become the best selling model there for the first time ever. Still, it’s impressive how the model was able to finish on such a high note, setting three consecutive annual sales records at the end of its life cycle and then extending that to a fourth record during the year of the model change to the new generation. It will be interesting to see if the new XC60 can continue this strong showing, considering the nameplate was down 11% in the fourth quarter when production of the first generation finally ended.
New Infiniti QX30 and second-generation BMW X1, Mini Countryman help make this the fastest-growing segment
Sales in the US premium compact SUV segment rose by 6.4% to 31,966 in the fourth quarter of 2017, while overall sales in 2017 rose by 18.2% to 116,507. Given that the segment had grown by double-digits in the first three quarters the performance in the fourth quarter can be viewed as something of a disappointment, but it still leaves [Read more…]
The midsized premium SUV segment continues to outgrow the overall market and even accelerates its growth rate with a 29% increase in Q3 and a 25% increase in the first nine months of 2017, to over 372.000 sales. The two segment leaders consolidate their grip on the segment as both did better than the overall segment. As a result, the #1 and #2 hold a combined 43% of the segment in Q3 and 42,6% in the first three quarters. The big winner is the Mercedes-Benz GLC (including the Coupe version) wiht sales almost doubling up to over 30.000 sales in the third quarter, which allows it to take over the year-to-date lead of the segment. If the GLC manages to hold on to this position by the end of the year, it will be the first time ever that Mercedese-Benz tops the ranking of this segment. The GLC’s predecessor GLK has never been a success due to polarizing styling, but the new model appears to have hit the mark. The Volvo XC60 showed double digit growth but still loses its top spot as the changeover to the new generation is hurting its pace of deliveries, even though the outgoing model has kept up strong in its last months thanks to competitive pricing of fully loaded versions. It will be interesting to see which one of these two will end up on top in 2018. Or perhaps the segment initiator BMW X3 will mingle into this fight as well when its third generation hits full steam?
Fastest growing segment in the US, now larger than premium compact car segment
The Premium Compact SUV segment continued its trend of double-digit sales increases in 2017, growing by 17.0% in the third quarter. This makes it the only Premium SUV segment to maintain double-digit growth in all quarters of 2017 so far, although at 84,544 units sold it remains the smallest of the three by far. With sales of the new generation Mini Countryman picking up, and the arrival of the BMW X2, Jaguar E-Pace and Volvo XC40 by the end of the year, the segment is bound to continue on this path of growth. Next year, Audi could bring the Q2 to the States as well, although this has not yet been officially confirmed, nor has Acura hinted at the possibility that the China-made CDX is coming to the US. If so, it won’t be for at least another year.
The midsized premium SUV segment continues to outgrow the overall market with a 12% increase in Q2 and a 20% increase in the first half of 2017, to 276.300 sales. The two segment leaders consolidated their grip on the segment as both showed double digit growth while their closest four rivals all showed double digit declines. As a result, the #1 and #2 hold a combined 40% of the segment in Q2 and 37,3% in the first half. Amazingly, the Volvo XC60 reclaims the top spot it lost to the Mercedes-Benz GLC in the first quarter. Keep in mind that almost all of these sales are the outgoing model, as the new generation had only just arrived in showrooms by the end of the first half. And the GLC figures also include sales of the GLC Coupe, which makes the Volvo figures even more impressive. If the changeover to the new generation happens smoothly, the XC60 could finish on top of the ranking for the fourth consecutive year, and potentially with more than 100.000 sales for the first time ever. The Audi Q5 took third place in the second quarter but still lost 17% on the sales figures of its predecessor in the same period last year, and it’s not enough to kick the Range Rover Evoque off the year-to-date podium.
Fastest growing segment in the US, now larger than premium compact car segment
The Premium Compact Crossover segment saw its sales increase 15% in Q2 of 2017, which is a slowdown of the booming 39% growth in the first quarter, which brings the year-to-date increase to 27%, still an improvement over the 24% increase in all of 2016. Total sales in the first half were 56,667 which is more than the sales figure of the Premium Compact Car segment. Only one model in the segment lost sales: the Mercedes-Benz GLA. With the new generation Mini Countryman in showrooms now, and the arrival of the Jaguar E-Pace and Volvo XC40 by the end of the year (or perhaps early next year), the segment is bound to continue on this path of growth. Next year, Audi could bring the Q2 to the States as well, although this has not yet been officially confirmed, nor has Acura hinted at the possibility that the China-made CDX is coming to the US. If so, it won’t be for at least another year.
Sales of midsized premium SUVs remain in booming growth mode in the first quarter of 2017, with an increase of 27% to 142.000 sales. The overall market is up just 7,8% in the same period. All but one remaining nameplate in the segment grow their volume, but the biggest gainer also takes the top spot for the first time ever. The Mercedes-Benz GLC has quickly helped to forget its unsuccessful predecessor GLK and has stormed the ranking to levels never achieved by the brand in this segment. But there’s a sidenote to its achievement, as we only have combined sales figures which include the GLC Coupe version, whereas BMW splits out these versions into the X3 and X4. Without the GLC Coupe included, the Volvo XC60 would still be in the segment lead. Nonetheless, a #2 spot for the already 9-year old model whose successor has already been revealed is very impressive whichever way you look at it. With the new generation in showrooms within the next few months, Volvo should be able to keep challenging for the lead the rest of this year.