Sales of compact crossovers in Europe are up 11% in 2019 to 2.36 million, which makes this the fourth largest segment at 15% of the total European car market. This segment has doubled in the last three years and tripled in the last eight years. Big event at the top of the ranking: for the first time since its launch in 2007, the Nissan Qashqai is not the best selling compact crossover in Europe due to a 5% drop in sales while its rival Volkswagen Tiguan gains 6% on 2018, which allows it to claim the segment lead for the first time ever. One caveat to this claim: VW doesn’t publish split figures for the standard Tiguan and the 3-row midsized Tiguan Allspace, which we estimate at 15% of the nameplate’s total. And while the Qashqai lost its crown, 2019 still marks the 10th consecutive year of 200,000+ sales and a new generation will be launched in 2020. The Peugeot 3008 drops below the 200k mark after one year but holds its third place.
Sales of small crossovers in the US grew by 18% in 2019, to over 778,000 sales, which is the 9th consecutive annual record for the class since it all began in 2010 with the Nissan Juke. This means that now 4.6% of all car sales in the US were small crossovers, also a new high. Six out of the top-7 nameplates set a new annual sales record, with the exception of the former segment leader Jeep Renegade, which is down for the third consecutive year and loses its top spot with sales down 21%. The General Motors twins Chevrolet Trax and Buick Encore dominate the top of the charts, claiming the lead from the Renegade. The Trax is up 30% and the Encore is up 10% as both nameplates cross the 100,000 sales barrier for the first time and GM now holds 28.2% of the class (35.8% of the non-luxury part) with its two models. [Read more…]
- Segment down 2% YTD, stable at 3,3% share of the European new car market.
- Mercedes-Benz GLC holds on to the top spot of the segment, although this is including sales of the GLC Coupe
- BMW is now the best selling brand in the segment, with 78.500 combined sales of the X3 and X4. BMW is also the big winner, gaining 5,9 percentage points of share
- The Germans are much less dominant in SUVs than in sedans, with just 55,7% share of the segment , including Porsche. Jaguar-Land Rover holds 16,4%, Volvo holds 14,2%, and even DS is more than just a niche player at 5,3%, outselling the Alfa Romeo Stelvio
- The Audi Q5 is unable to fight for the segment lead, stuck in 4thplace, but selling more than double of its nearest rival
- The Range Rover Velar is already losing steam at -18% YTD, with the Porsche Macan breathing down its neck
- The Jaguar F-Pace loses 21% so far this year and is out of the top-10 but remains ahead of the Lexus NX
- In the EV ranking, the Jaguar I-Pace is joined by the Mercedes-Benz EQC in September
The midsized premium SUV segment in Europe falls into decline in the second quarter of 2019 with a 9% loss to just over 125.000 sales, after a 1% growth in the first quarter. As a result, the first half figure is down 4% to just over 260.000 deliveries. Among brands, BMW is the big winner after replacing its two entries into this segment last year as both are up by large double digits. The Mercedes-Benz GLC stays on top of the ranking, even accounting for the GLC Coupe version of which sales are included with the regular GLC. Mercedes-Benz sells 410 more cars than BMW but is losing ground quickly with a 20% drop in sales, compared to +47% for the X3 and -12% for the former segment leader Volvo XC60, which has a take rate of 17,7% for the PHEV version. However, the German brands are launching their full electric crossovers this year, with the Mercedes-Benz EQC already in showrooms, the BMW iX3 coming early next year just like the slightly larger Audi e-Tron, to which Volvo does not yet have an answer. The Audi Q5 is down 18% but holds on to 4th place as there’s a significant gap to the rest of the segment. [Read more…]
Cadillac XT4 is a hit but segment sales stagnate as Audi Q3 and BMW X1 sales slump
Sales in the US Premium Compact SUV segment rose by 2.6% to 71,927 in the first half of 2019, a considerable slowdown relative to the 8.4% sales growth the segment experienced in 2018, and the double-digit sales growth the segment experienced in prior years. This lackluster performance is all the more baffling given the amount of new [Read more…]
The midsized premium SUV segment in Europe continues its steady growth in the first quarter of 2019 with a 5% increase to nearly 143.000 sales. In the top-10, only three nameplates improve their sales, helped by model updates. The segment leader Mercedes-Benz GLC loses ground with an 11% loss, which means it loses 2,8 percentage points of share and is now fewer than 1.500 sales ahead of both the #2 and the #3. The BMW X3 storms to second place with sales more than doubling thanks to the new generation. The X3 is looking to claim the top spot of the segment for the first time since 2013. Former leader Volvo XC60 is now down to 3rd place with sales stable on last year. It’s still in the running to reclaim the segment crown it held from 2014 till 2016, but the momentum is now with the X3. The XC60 has a take rate of 22% for the plug-in hybrid version, but the German brands are launching their full electric crossovers this year, with the Mercedes-Benz EQC, the BMW iX3 and the slightly larger Audi e-Tron, to which Volvo does not yet have an answer. The Audi Q5 is down to 4th place at a distance to the top-3 as it saw its sales decline by 18% in the first quarter. [Read more…]
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…]
Just yesterday Volvo finally took the wraps off its latest model, the new XC40. Aimed squarely at the premium compact SUV market, and models like the Audi Q3, BMW X1, Mercedes-Benz GLA and Range Rover Evoque, the XC40 is the first all-new model line the Swedish automarker has introduced since it launched the XC60 in 2008. Seeing as the XC60 did rather well in the European (figures) and US (figures) markets, the question on everyone’s minds is: has Volvo done it again?