Market Insight: Slow year for little vehicles

EVEN though the recent new-car market roller-coaster ride appears to be coalescing this year into a record 1.2 million annual result, there are still some segments where the market is not doing as well – and it might be a surprise to find this is happening in some of the small, lower-cost vehicle segments.

 

The light SUV segment is stagnant with a 0.5 per cent increase year to date, while light passenger cars are down 12.2 per cent. Meanwhile, the micro passenger segment is…

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