Mexican Media Brands
SUVs Claim 25% of European Car Market
European demand for SUVs and crossover vehicles jumped 22% to 3.8 million units in 2016, capturing a record 25% of the region's passenger vehicle market.
#economics
Share
European demand for SUVs and crossover vehicles jumped 22% to 3.8 million units in 2016, capturing a record 25% of the region's passenger vehicle market.
Citing data from JATO Dynamics, Automotive News Europe notes SUV sales were driven by dramatic increases in demand for premium models in compact (+40%), midsize (+30%) and large (+22%) sizes. But sales of non-premium large SUVs fell 12%.
As in the U.S., the shift to SUV/crossovers is hurting sales of conventional cars. Deliveries of every segment of those models trailed the market’s overall 7% growth last year, according to JATO. The data provider notes that minivan sales slumped more than 7% in 2016.
Compact and small SUVs accounted for 12% and 8%, respectively, of Europe’s passenger vehicle market last year. Midsize and large models collectively captured 5% of all sales.
RELATED CONTENT
-
on the Genesis GV60 interior, EV sales in H1, Bentley Bentayga's wood work, Faurecia's advanced manufacturing & more
The strange glowing orb in the Genesis GV60. . .global EV sales in the first half. . .creating wood for the Bentayga interior. . .the importance of material handling at Faurecia. . .lux ATPs. . .fast Porsche. . .fast Lambo. . .the Avalon Hybrid. . .Silverado steel. . .
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.