Strong consumer demand for crossover utility vehicles (CUVs) continues, with crossovers representing more than a quarter of all autos sold in the U.S. CUVs have popular attributes of an SUV but are built on car platforms. In 2002, crossovers represented 7.7% of sales, rising to 25.5% in 2013. SUVs, by contrast, were about 18% of sales in 2002, falling to about 6.7% of sales today.
2013 VS. 2012 SALES TRENDS: SOME SEGMENTS GROW, WHILE OTHER CONTRACT
Across the board, auto sales increased 7.5% in 2013. There are eight different segments of the passenger car and light truck auto sales market, and five of those segments were up year-to-year in 2013. In fact, the large car segment led all others with a nearly 31 percent increase over middle car sales the year before. While large cars represented the biggest percentage increase in sales, volume-wise, the change in CUV sales was the biggest, increasing by more than half a million over 2012 – reaching nearly 4 million units sold. Additionally, consumer demand for luxury cars and pickups had double-digit percentage increases from the year before. Consumer demand for middle size cars, SUV’s and vans fell slightly – but all by less than a half percent.
READ MORE HERE..