The US market (PC + LCV) was stable in 2018 (+ 0.5%)
- The US car market (PV + LCV) was almost stable in 2018, with registrations showing a very modest increase of 0.5%, to 17.334 million units, compared with 17.243 million in 2017. Nevertheless, the US market remains on a high trend, since it is one of the four best results recorded since the year 2000. Inovev therefore expects a slight decline in the US market in 2019 (-2%), which should reduce registrations to 17 million of units (PC+LCV).
- The change in the physiognomy of the US market continued in 2018, with an increase in LCV sales (in the US, this category includes SUVs, MPVs and pick-ups) to the detriment of sedans.
- Last year, LCVs accounted for 69% of total registrations (compared to 65% in 2017), while sedans accounted for only 31% (compared to 35% in 2017), the lowest figure ever recorded on this market.
- And the situation should not change in future, as US automakers have all said that they will remove many of their sedans in 2019 and 2020 and they will focus their efforts on the launch of SUVs and pickups.
- Although Japanese and Korean manufacturers will benefit in part from this situation, it is far from certain that the "fashion" of SUVs will fade in the US market in the coming years. In 2018, they account for 45% of the US market, nearly one in two (compared to 41% in 2017).
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