Published on April 16th, 2017 | by Daniel Sherman Fernandez0
Compact SUV’s the next big craze
Everybody seems to want one and in Malaysia the buying frenzy continues for crossovers and compact SUV’s. Further away in Europe, the small SUV/crossover segment is forecast to continue its rapid growth as models from latecomers such as Volkswagen, Hyundai and Kia expand the sector above 2 million sales in 2018 and to 2.3 million by 2020.
The segment’s volume rose 17% to more than 1.4 million sales last year, according to figures from JATO Dynamics. The surge was led by the Renault Captur and further propelled by strong year-on-year gains for the Fiat 500X, Suzuki Vitara, Ford EcoSport and Jeep Renegade.