SUVs and crossovers dominate US market in January-May period

Article by Christian A., on July 18, 2014

For the first time, SUVs and crossovers have surpassed sedans as the most-loved segment in the United States. According to IHS Automotive, SUVs and crossovers accounted for 36.5 percent of the US light-vehicle market in the first five months of 2014, while sedans accounted for 35.4 percent.

IHS Automotive analyst Tom Libby said in a statement remarked that SUVs and crossovers offer the combination of “appealing features” associated with both cars and light trucks, adding that they offer a compelling option for the market.

By the end of 2013, sedans were still leading the US market with a share of 36.3 percent, while SUVs and crossovers combined for 34.4 percent.

Gaining headway for 2014 are SUVs like the new Jeep Cherokee, which managed to capture 47.2 percent of the mid-sized SUV market, according to the Automotive News Data Center.

Libby remarked that Chrysler launched the Cherokee was launched at the right time -- when SUVs and crossovers were gaining popularity – adding that the model was “in the sweet spot” for sizing. He noted that the Jeep brand is strong, saying it has no direct rivals.

Also making gains for the SUV and crossover segments are the Nissan Rogue, Chevrolet Tahoe and GMC Yukon. Sedans are not only ones whose market share is being eaten by SUVs and crossovers. Pickups and hatchbacks have also seen their market shares lose 0.5 percentage points, according to IHS Automotive. [source: automotive news - sub. required]

If you liked the article, share on:

Comments

Recommended

The Europe-bound WRC hatch developed by Toyota and Gazoo Racing team will be limited to just 400 examples as reported by AutoCar this week. Otherwise known as Gazoo Racing Masters...
by - July 21, 2017
Even cops get excited when they’re assigned to drive the best cars in the market. In Austria, police officers drive around in a Porsche 911 Carrera while in Milan, authorities...
by - July 21, 2017
Subaru has already announced that the all new Impreza will be out by fall this year. The 2018 model year not only gets a number of new upgrades, but it...
by - July 21, 2017
Do you ever wonder what challenges automakers have in selling limited edition cars? It’s different for each company but it can get stressful if the demand is high instead of...
by - July 21, 2017
Alpine is said to be developing an SUV which is believed to be the Porsche Macan’s closest rival. According to AutoExpress, the newly revived performance brand has been looking to...
by - July 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries