SUVs the best-selling vehicle segment in Europe
We’ve heard that European new car registrations went up by 9.3 per cent in 2015 and we’ve heard that the UK delivered record figures. But what has been less widely reported is the fact that the strong European increase has been driven by what analysts have called “an SUV boom”. A boom that the British market played a key part in.
For the first time in the history of European car sales, SUVs led the way, outselling the traditional subcompact and compact segments, posting an increase of 24 per cent at 3.2 million units. Their market share grew from 19.8 per cent in 2014 to 22.5 per cent in 2015, leaving the subcompacts in second position with 22 per cent share, and the compacts segment third with 20.6 per cent. These vehicles along with the mid-size saloons and sports cars were the only segments to gain market share in 2015.