SUVs overtook lower medium cars to become the largest automotive segment in 2015, accounting for 22.9 percent of light vehicle sales globally. Sales of SUVs grew from 5 million units in 2000 to 20 million in 2015 and are forecast to hit 42 million units by 2031.
Thursday, 8 September 2016
SUVS BECOME THE LARGEST AND FASTEST-GROWING AUTOMOTIVE SEGMENT IN 2015
LONDON, Sept 8 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International released today new automotive data. According to the new research, global sales of light vehicles grew 1.7 percent in 2014-2015, driven by the increasing popularity of Sports-utility Vehicles (SUVs), sales of which surged 22 percent in 2015.
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