Sales of Premium Mid-sized SUVs in the US were up 3.9% in Q3 of 2017, a slowdown compared to the first two quarters of the year, when the segment recorded robust double-digit growth. Still, sales are up 8.9% since the beginning of the year, to 328,025, meaning the segment continues to (slowly) close the gap to the Premium Large SUV segment, which is still the largest from among Premium SUV segments at 458,376 units for the first three quarters of the year. With the new Audi Q5, Alfa Romeo Stelvio and Range Rover Velar still building sales, and the new BMW X3, Infiniti QX50 and Volvo XC60 coming to market soon, the segment is bound to grow robustly in the next year.
Highlights for Q3 2017:
Remarkably for a segment where the leaders constantly switch positions, the Top 4 remains as it was after the second quarter, with Cadillac XT5 and Lexus NX leading the segment, and Audi Q5 and Acura RDX locked in a close battle for third
The first change came behind, where Mercedes-Benz GLC regained some traction and saw its sales finally grow after two quarters of double-digit sales losses, which was enough to drag it in front of the BMW X3, which was down 30% in Q3’17, clearly preparing for a model handover
Things were quite different over at Volvo, where the outgoing XC60 performed remarkably well in the third quarter (sales up 41%), enough to haul it ahead of the Porsche Macan and Jaguar F-Pace, and behind the Lincoln MKC
Infiniti QX50 was back in black in the third quarter despite being the oldest model in the segment and the replacement being just around the corner, while the new Audi Allroad once again saw its sales grow by over 50%, albeit from a very low base
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