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Large SUV Sales In Europe – 2018 Year End

The large SUV segment is one of the smallest in Europe with fewer than 43,000 sales in 2018, down 20% on the year before. Compare that to the US where over 2 million of these vehicles were sold last year, up 3.4%.The entire top-3 loses share and the segment best seller barely managed to sell over 10,000 units last year.

Unlike the midsized crossover segment, where some models are also available as 7-seaters, there are not a lot of new entrants to this segment in Europe, but brands are actually withdrawing their slow selling models, like Nissan which no longer sells the Murano and Pathfinder and Mazda which never really sold the CX-9 in significant quantities, as opposed to the US. The latest newcomer is the Ford Edge in 2016, but after storming to the top of the ranking in its first full year of sales, we have a change of leadership for the fourth consecutive year, as the Kia Sorento reclaims the top spot that the Ford Edge stole from the Hyundai Santa Fe just one year before.

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Day 198 — Iran's Persian Gulf Strait Authority published an updated list of 77 vessels it accuses of violating its Strait of Hormuz protocols, saying listed ships face fines, detention or confiscation and warning insurers, P&I clubs and classification societies against serving them (Iran International and Insurance Journal, Sep 14; Middle East Monitor, Sep 15). US Central Command said an IRGC claim that a supertanker struck mines in the strait was false; neither account is independently confirmed. Houthi forces said they struck the Khamis Mushait air base in southern Saudi Arabia. Saudi Arabia's East-West pipeline entered a fifth day shut. AAA's national diesel average set a 12th consecutive record at $6.2694/gal and California diesel set a fresh state record at $8.2124/gal.
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