The large car segment beats the overall US car market with deliveries down 3% in the first three quarters of 2022, compared to a loss of 13% for the market as a whole. As a result, large sedans now make up 1.7% of the US car market with just under 178,000 deliveries, up from 1.6% in the first three quarters of 2021. In Q3, the large sedan segment was up an impressive 24% in a stable overall market.
Luxury models gain share of the class again as they’re up 10% and now hold 48.4% of the large cars segment, up almost 6 percentage points on 2021.
The Dodge Charger is up 2% and gains almost 2 percentage points of share of the class to 35.3%. It was up 25% in the third quarter when it sold over 3x of any other nameplate in the class. Thanks to the addition of the Plaid version, the Tesla Model S jumps to 2nd place overall with sales up over four-fold, ahead of the BMW 5-Series (-22%) which distances the Mercedes-Benz E-Class (also -22%). The Toyota Avalon and Chrysler 300 both outsold the E-Class in Q3 but remain behind year-to-date. The 300 was up 17% in the third quarter, despite its advanced age.
The Cadillac CT5 is one of the best performing existing models in the class with a 38% year-to-date at #7, while the Nissan Maxima is the worst performing remaining nameplates at #9 with sales down by 60%. The Porsche Taycan is down 20% at #8 while its clone Audi e-tron GT is up more than fourfold at #12, splitting the Audi A6 (-50%) and A7 (-38%). All three Audis showed double digit growth in Q3. The Genesis G80 is losing share at -38% in the third quarter and -31% year-to-date, while the Volvo 90-Series is rebounding at +34% in Q3 and +24% YTD.
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