"Crossovers" Continue to be the Biggest Segment of Sales
Strong consumer demand for crossover utility vehicles (CUVs) continues, with crossovers representing more than a quarter of all autos sold in the U.S. CUVs have popular attributes of an SUV but are built on car platforms. In 2002, crossovers represented 7.7% of sales, rising to 26.9% in 2014. SUVs, by contrast, were about 18% of sales in 2002, falling to about 6.7% of sales today.
2014 vs. 2013 Sales Trends: Some Segments Grow, While Others Contract
Across the board, auto sales increased 5.8% in 2014. There are eight different segments of the passenger car and light truck auto sales market, and seven of those segments were up. CUV sales led the way, increasing nearly half a million over 2013 — reaching nearly 4.5 million units sold. Additionally, consumer demand for vans ans pickups had among the largest percentage increases from the year before. Consumer demand for large cars was the only segment to fall.
Unit Sales and Percentage Change: 2013 and 2014