SUV/CUV Loyalty Soars to Record Levels, IHS Automotive Reports
The analysis, which looked at more than 1.9 million return-to-market events during the first quarter, found that 63% of SUV/CUV owners who returned to market for a new vehicle during the first quarter purchased another SUV or CUV.
SOUTHFIELD, Mich. — A recent analysis by IHS Automotive found that loyalty among SUV/CUV owners in the United States has soared to record levels.
The analysis, which looked at more than 1.9 million return to market events during the first quarter, found that 63% of SUV/CUV owners who returned to market for a new vehicle during the first quarter of 2016 purchased another SUV or CUV.
“We continue to see the SUV/CUV segment reaching record registration volumes in the U.S. market,” said Tom Libby, manager, loyalty and industry analysis with IHS Automotive. "New designs and OEM marketing initiatives focused on capturing repeat buyers are helping this segment continue its substantial growth."
Out of all segments, luxury full-size SUV owners were the most likely to purchase another vehicle within the SUV/CUV body style.
The demand for SUVs and CUVs has grown significantly in the last few years, the analysis found. In 2011, SUVs and CUVs comprised 35.2% of personal new-vehicle registrations, according to IHS Automotive. In the most recent first quarter, the combined body style now holds 41.8% of the market.
While SUV/CUV registrations have gone up, car registrations have gone down. In the first quarter of 2011, cars accounted for 48.7% of new-vehicle registrations. In the first quarter, that percentage dropped to 40.9%.
“The high loyalty rates for SUVs and CUVs lend credence to the current shift from passenger cars to utility vehicles,” said Christopher Hopson, manager, North America light vehicle sales forecast at IHS Automotive. “We expect this shift to be sustained, even when fuel prices are expected to rise back above USD $3.00/gallon by 2020.”
For more, click here.
More Auto Finance

Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →
Permission or Approval: When to Notify Finance Sources
Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.
Read More →
At-Risk Auto Borrowers Drive Looser Credit Access
Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.
Read More →
Auto Loan Forecast Bucks Market Trend
Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.
Read More →
Auto Credit More Plentiful
Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.
Read More →
Auto Loans Long as Stretch Limos
More consumers, faced with ever-rising car prices, are adapting by agreeing to longer loan terms despite the cost of added interest payments.
Read More →
AutoPayPlus Launches RePayPlus
The reinsured biweekly payment program offers auto dealers with customer retention and reinsurance structure.
Read More →