The US market for PC + LUV increased by 5.9% in 2014 (1/2-General)
 

The US market grew by 5.9% over the whole year 2014, to reach 16 531 688 PC + LUV (against 15 604 325 units in 2013). Let us recall that in the US SUVs, minivans and pickups are included in the category of light utility vehicles (LUV).


2014 figures mark the fifth year of growth since the catastrophic year it experienced in 2009. The US market today is poised to regain record high levels of 2000-2001 which had exceeded 17 million units.


When observing the chart below, we can see that the US market is relatively cyclical, with strong periodic variations (note the large declines in 1974-1975, 1980-1981, 1990-1991 and 2009).


Since the US market grew by almost 1 million units between 2013 and 2014, it is not impossible that it keeps going and reaches a new record in 2015 of 17.5 million units; given there has been no noticeable sign of slowing down.


The carmaker ranking did not change in 2014 compared to 2013. The GM group remains by far the market leader (with nearly 3 million vehicles) ahead of the Ford group (2.5 million vehicles), the Toyota Group (2.4 million) and the Fiat-Chrysler group (2.1 million). Followed by far by the Honda group (1.5 million), Renault-Nissan (1.4 million), Hyundai-Kia (1.3 million). Then, again very far behind the Volkswagen group, Subaru, BMW, Daimler and Mazda. Only Ford and Volkswagen have sold fewer vehicles in 2014 than in 2013.

 

15-01-9  

 

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