Midsize cars and utility vehicles to make up 60% of new car sales in 2013
Midsize cars and crossovers make up some of the most popular new vehicles on the market, so it shouldn’t be too surprising to see a recent study from Wards Auto that found the D-segment will account for the majority of new or redesigned vehicles over the next three years. What is surprising is that the study indicates that almost 60 percent of all new-car sales in 2013 will be comprised of midsize vehicles, including popular models like the new 2013 Honda Accord.
Midsize cars and crossovers make up some of the most popular new vehicles on the market, so it shouldn’t be too surprising to see a recent study from Wards Auto that found the D-segment will account for the majority of new or redesigned vehicles over the next three years. What is surprising is that the study indicates that almost 60 percent of all new-car sales in 2013 will be comprised of midsize vehicles, including popular models like the new 2013 Honda Accord.
Sales of midsize sedans like the Accord are expected to make up around 36 percent of next year’s sales volume while mid-size crossovers are projected to take a slightly smaller piece of the pie accounting for 23.3 percent for a total of 59.3 percent. This figure will be much lower, but still very significant, for the 2014 and 2015 model years making up 31.2 percent and 43.6 percent, respectively, of all vehicle sales.
The next closest vehicle segment in 2013 will be the small cars and crossovers slice of the pie, at around 15 percent. In 2014 about 30 percent of new vehicle sales will come from redesigned pickup trucks, which include the new full-size and mid-size pickups from General Motors, a revised Nissan Titan and a new Ford F-150.