Market achievements – USA – 2016 – PC + LUV
- The US market registered a record number of registrations in 2016, with a volume of 17.54 million light vehicles (PC + LUV: Passenger Cars + Light Utility vehicles), against 17.47 million in 2015. This volume can be broken down into 6.89 million Passenger Cars (APC: American Passenger Cars, excluding SUV, according to the American classification) and 10.65 million light trucks (SUVs + LUVs), representing 39% of APCs and 61% of light trucks.
- Demand from US customers continues year after year to move from APCs to light trucks. This is the first time APCs have dropped to less than 40% of the US market. Of the 61% of light trucks, SUVs by themselves account for 39% of the US market in 2016 (up from 35% in 2015).
- In a US market up 0.4% in 2016 compared to 2015, GM remains the leader (3.04 million APCs and light trucks) ahead of Ford (2.60 million), Toyota (2.45 million) Fiat-Chrysler (2.26 million), Honda (1.64 million), Renault-Nissan (1.56 million) and Hyundai-Kia (1.42 million).
- US groups (GM, Ford and Tesla) account for 32% of the US market, while Japanese groups account for 29% and European groups (including Fiat-Chrysler and Renault-Nissan) also account for 29%. The remaining 10% is split between Korean (Hyundai-Kia), Indian (Jaguar-Land Rover) and Chinese (Volvo) groups.
- In 2017, economic growth and the arrival of a new government are two of the many factors determining future market growth.
Two scenarios for forecasting the US automobile market for the year 2017 were established in an analysis published on January 4 and available on the Inovev platform.
Two scenarios for forecasting the US automobile market for the year 2017 were established in an analysis published on January 4 and available on the Inovev platform.
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