Mexican Media Brands
U.S. Demand for Midsize Sedans Evaporates
Midsize sedans—the best-selling sector of the U.S. car market for 20 of the past 27 years—now rank fifth in popularity behind compact SUVs, large pickup trucks, midsize SUVs and compact cars, notes Edmunds.com.
#economics
Share
Midsize sedans—the best-selling sector of the U.S. car market for 20 of the past 27 years—now rank fifth in popularity behind compact SUVs, large pickup trucks, midsize SUVs and compact cars, notes Edmunds.com.
Midsize sedans currently command less than 11% of U.S. passenger vehicle sales, according to the online shopping resource. That’s the smallest ratio since at least 1991, when Edmunds began tracking the data.
A revival in demand for such vehicles, even if gasoline prices rise or the economy softens, isn’t likely, says chief industry analyst Jessica Caldwell. “Once someone gets used to an SUV,” she opines, “it’s almost a fool’s errand to convince them to go back to a sedan.”
Caldwell notes that SUV/crossovers are priced about the same as midsize sedans, offer nearly the same fuel economy and provides a roomier interior. She points out that the proportion of owners of midsize sedans who trade in their vehicles for small SUVs has jumped from 17% three years ago to 24% today.
RELATED CONTENT
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.