Europeans have never bought so many SUVs. Last year, this segment accounted for 51% of the total new car market, and 6.63 million SUVs were sold across more than 40 different brands.
The overall European market grew by 14%, Dataforce data (cited by Automotive News) shows, while the SUV segment grew by 19%. The SUV and electric Tesla Model Y was also the best-selling car, with more than 250,000 units sold.
The SUV segment also grew, with models such as the Volkswagen T-Roc, Dacia Duster, Toyota Yaris Cross or Peugeot 2008 performing exceptionally well.
Other classes have declined, such as small city cars, B-class cars and compact cars. The segment of the smallest A-class cars was very small, which ten years ago sold more than a million units annually, and now less than 700,000.
The segment of small SUVs and crossovers reached new records with a total volume of 2.2 million units. Compact SUVs surpassed 1.9 million units, while premium midsize SUVs gained almost 850,000 customers.
The emergence of many fully electric models, especially in the mid-range segment, has contributed to the growth of the SUV segment.
Photo source: Dreamstime.com
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.