![\"\"](\"https:\/\/cdn.ihsmarkit.com\/www\/images\/1023\/ussuv1.png\")
Source: S&P Global Mobility retail\nregistration data CYTD June 2023 vs 2022 ©2023 S&P Global
\nMobility<\/p>\n
As US auto sales recover to pre-pandemic
\nlevels, full-size SUVs are racking up notable gains.<\/p>\n
When vehicle inventories skidded during the
\npandemic and semiconductor crisis, automakers switched focus to
\nconcentrating on high-profit segments. In the case of the Detroit
\n3, that meant large SUVs, which saw substantial share gains. Now as
\nmanufacturing and inventories return in earnest, will that share
\ngrowth be sustainable and translate into big volume gains as
\nwell?<\/p>\n
“We're now in the fourth year after the initial
\npandemic lockdown, and now those consumers are coming to the
\nsurface with a desire to travel on the road,” said Tom Libby,
\nassociate director for loyalty solutions and industry analysis at
\nS&P Global Mobility.<\/p>\n
S&P Global Mobility projects US retail
\nsales at 15.4 million units this year, up from 13.9 million units
\nin 2022. From that total, registration data show total full-size
\nutilities leaping to 3.5% cumulative year-to-date share through
\nJune, compared to a 1.9% level 10 years ago and 2.6% in 2019.
\nMainstream full-size SUV share has risen from 1.2% a decade ago to
\n2.3% this year, while luxury models' share has bumped up from 0.7%
\nto 1.2%.<\/p>\n
FULL-SIZE MAINSTREAM SPORT-UTILITY SHARES<\/p>\n
Source: S&P Global Mobility retail
\nregistration data CYTD June 2023 vs 2022 ©2023 S&P Global
\nMobility<\/p>\n
In year-over-year registrations for mainstream
\nmodels, sharp increases have been posted by the Ford Expedition, up
\n43.8% to 24,347 units year-to-date through 1H 2023, and the
\nChevrolet Suburban, up 31.4% to 17,293 units. The segment leader,
\nthe Chevrolet Tahoe, rose 4.5% to 34,511 retail registrations.<\/p>\n
Not that everyone is seeing success. The Jeep
\nWagoneer is down 33.1%, and the Grand Wagoneer has fallen 38.7%,
\nwhile GMC's Yukon has slipped by 22.6%.<\/p>\n
However, the overall range of General Motors'
\nfull-size SUV lineup – Chevrolet's Tahoe and Suburban, and GMC's
\nYukon, Yukon XL, Yukon Denali, and Yukon XL Denali – give GM a vast
\narray of competitive full-size models, Libby said.<\/p>\n
“They have a real strength in those higher-end
\nmodels,” Libby said. “No one offers that kind of breadth in utility
\nvehicles.”<\/p>\n
In the luxury space, a newcomer appears to have
\ngained substantial traction, Libby says. The electric Mercedes-Benz
\nEQS registered 4,436 units through June, following its late-2022
\nlaunch. And while some of those sales likely came from Mercedes'
\nown GLS – which has taken a 16.1% hit to 8,250 units -\u202foverall
\nMercedes-Benz full-size SUV sales have grown.<\/p>\n
The rival BMW X7, however, has seen sales drop FULL-SIZE LUXURY SPORT-UTILITY SHARES<\/p>\n LIGHT VEHICLE SALES FORECASTING\u202f<\/p>\n THE AUTO INDUSTRY SHARE SUBSCRIBE TO OUR TOP 10 POLK AUTOMOTIVE AUTOMOTIVE LOYALTY RATES SEPTEMBER AUTO INVENTORY \u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427! <\/a> www.ITSec.vip<\/a> www.Sraa.com.hk<\/a>
\n4.4% to 11,693 units. Meanwhile, the Land Rover Range Rover
\nflagship has seized on strong owner
\nloyalty<\/a> with its recent redesign to see its 1H 2023
\nregistrations leap to third place among big luxury SUVs.<\/p>\n![\"\"](\"https:\/\/cdn.ihsmarkit.com\/www\/images\/1023\/ussuv2.png\")
Source: S&P Global Mobility retail
\nregistration data CYTD June 2023 vs 2022 ©2023 S&P Global
\nMobility<\/p>\n
\nWARS WILL RESUME IN '23<\/a><\/p>\n
\nINDUSTRY TRENDS NEWSLETTER<\/a><\/p>\n
\nAUDIENCES: CONSUMER MARKETING ANALYTICS<\/a><\/p>\n
\nSTALL DESPITE VOLUME INCREASES<\/a><\/p>\n
\nTRENDS<\/a><\/p>\n\nCommercials Cooperation Advertisements:<\/b><\/h2>\r\n
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