SUVs Move Up Luxe Shoppers’ List
Q4 hop still off last year. Buick Enclave top pick.
The report said the most shopped-for luxury SUV during the quarter was the Buick Enclave, which hadn't topped the list in nearly seven years.
IMAGE: Buick
Sports utility vehicle shopping among luxury-vehicle consumers rose slightly in the fourth quarter but slipped year-over-year, according to a Kelley Blue Book report.
SUV shopping in the segment increased by a percentage point to 68%, down from 70% a year earlier.
Luxury car shopping fell from 53% to 51%, the report indicated, though that was up from 49% a year earlier.
The report said the most shopped-for luxury SUV during the quarter was the Buick Enclave, which overtook the Cadillac Escalade, the No. 1 model in the previous three quarters. It said the Enclave hadn’t been at the top of the list in almost seven years.
The Acura MDX, Lexus RX and BMW X5 rounded out the top five.
The most shopped-for luxury cars were the BMW 3 Series, the Cadillac CT5, the BMW 5 Series, the former No. 1, Tesla Model 3, and the Acura TLX.
LEARN MORE: EV Tax Credit Rules Tweaked to Qualify More Models
Originally posted on Auto Dealer Today
More Showroom
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Used Lots Getting the Business
Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
Read More →
Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
Read More →
California Hybrids Reach State Record
The Golden State still leads the country in electric-vehicle registrations, but much like the rest of the U.S. its hybrid market share is up while full electrics stabilize after a dramatic first-quarter dip.
Read More →
My Mercedes in the U.S.
The German brand debuted its studio dealership concept for the first time in the states in Los Angeles, tapping Americans’ penchant for creative distinctions.
Read More →
Used Sales Hit Summer Drag
The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.
Read More →
California Launches EV Rebate Program
Participating automakers are matching the state's $13.5 million investment in new electric-vehicle rebates scheduled to take effect later this summer.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
The Trade-In Paradox
Retailing older cars with confidence in today’s market is a matter of establishing and following a clear process that can turn greater profit for auto dealers as they aim to meet used-unit hunger.
Read More →
Focus on Vehicle Cabins
The market for interior materials will grow in coming years as automakers look to meet consumer demand while staying competitive with changeups to sourcing and included features.
Read More →