SUV sales in Europe have never been better than in 2023. For the first time, their market share exceeded 50% of the new car market, and the numbers are impressive: 3.37 million in six months. And Dacia Duster made an important contribution. In Romania, SUVs occupy 43% of the market.
Figures from Automotive News and Dataforce show that SUVs have reached 51% of the new car market in Europe, up from 48% a year ago. Sales increased by 23%, and the Tesla Model Y took first place with 138,000 vehicles.
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Other models that performed very well are the Volkswagen T-Roc, Toyota Yaris Cross, Volkswagen Tiguan, Hyundai Tucson, Kia Sportage, Peugeot 3008, Peugeot 2008, Renault Captur, Mercedes-Benz GLC or Volvo XC40.
Small SUVs grew by 22% to over a million units, with the Duster in third place.
SUVs have also grown because the number of models increases every year and car manufacturers prefer this body type not only because it is popular with the public, but also because SUVs are more expensive and the profit margin per car is higher.
The overall market of new cars in Europe grew by 17%, all segments were in the red, and mini cars grew the least.
Source: Hot News
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.