Unless you’ve been active beneath a rock, you’ve apparently noticed that SUVs are everywhere. Over the aftermost several years, sales of “crossover” SUVs, so alleged because they “cross” sedan-like architectures with the truck-like functionality of an SUV, accept boomed so badly that automakers like Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) are affective to annihilate some of their acceptable auto models.
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From an investor’s perspective, the bang in crossover SUV sales has been a acceptable thing: Crossovers tend to advertise at college prices than commensurable sedans, earning bigger margins — abnormally aback the absolute sales numbers are huge.
Below you’ll acquisition the 10 acknowledged SUVs in the United States this year through November. All but one is a crossover — and that one is an iconic Jeep.
A white Jeep Grand Cherokee, a ample crossover SUV, on a country road.
Jeep Grand Cherokee. Image source: Fiat Chrysler Automobiles.
Fiat Chrysler Automobiles’ (NYSE: FCAU) Jeep Grand Cherokee has been about in its accepted anatomy aback 2011, but it’s still actual abundant a contender. The big seven-passenger Jeep’s aggregate of ample comfort, costly interior, bland on-road handling, and no-excuses off-road accomplishment continues to draw lots of customers: There isn’t absolutely annihilation abroad absolutely like it at anywhere abreast the amount point.
U.S. sales of the Grand Cherokee are bottomward a bit (5.8%) this year through November, a absorption of the model’s age — but FCA is still affairs affluence of them.
A 2019 Jeep Cherokee, a midsize crossover SUV, on a country road.
Jeep Cherokee. Image source: Fiat Chrysler Automobiles.
The midsize (five-passenger) Jeep Cherokee has fatigued alloyed reviews aback its admission in backward 2013. It’s ample for its size, with lots of accessible high-tech appearance and (with the appropriate options) accepted Jeep off-road prowess; but a careful manual and a annealed ride accept captivated it aback compared with some rivals.
Despite the alloyed reviews, Jeep is affairs an abominable lot of Cherokees this year. A about-face to a new branch has accustomed FCA the adeptness to addition assembly of the Cherokee: Sales are up 45% this year through November.
A red Jeep Wrangler Rubicon on a alluvium alley in the mountains.
In Rubicon trim, the Jeep Wrangler is an awfully accomplished off-roader. Image source: Fiat Chrysler Automobiles.
The iconic Jeep Wrangler was all-new for 2018, but it’s still a Jeep Wrangler. The one access on our account to absorb old-school body-on-frame construction, the new Wrangler offers incremental improvements to ammunition abridgement and autogenous amenities afterwards any accommodation to its alarming off-road capabilities — or, it charge be said, to the somewhat asperous edges that are allotment of the Wrangler experience.
The Wrangler is what it is. Jeep admirers adulation it, and affluence of them accept apparent up to buy the new model: U.S. sales are up 24.6% this year through November.
A red Toyota Highlander, a midsize crossover SUV, in avant-garde of a home.
Toyota Highlander. Image source: Toyota.
Like Toyota’s (NYSE: TM) Camry and Corolla sedans, the Highlander follows the company’s archetypal formula, alms comfortable, safe, fuel-efficient, and actual reliable busline — in this case, for seven bodies — at a acceptable price. For those accommodating to absorb a little more, Toyota offers versions of the Highlander with covering trim and some added flush features. But agenda that all Highlanders accommodate avant-garde assurance appearance like blow admonishing and automated emergency braking as accepted equipment.
It’s a acceptable formula: Sales are up 13.7% this year through November.
A dejected Ford Explorer, a midsize crossover SUV, anchored in avant-garde of a barn.
Ford Explorer. Image source: Ford Motor Company.
If the Highlander has an archrival, it’s Ford’s perennially accepted seven-passenger Explorer. The Explorer offers a bit added appearance than the Highlander, and can be ordered with a added able agent — but it shares best of the Highlander’s virtues. If there’s a beating on the Explorer, it’s the vehicle’s age: The current-generation Explorer dates to 2011, and although Ford gave it a facelift for 2018, newer rivals like the Highlander are a bit bluff in some ways. (An all-new Explorer is accepted abutting year.)
The Explorer’s sales accept collapsed a bit, bottomward 1.4% through November, but Ford is still affairs affluence of them — and I apprehend it’ll advertise affluence of the all-new adaptation as well.
A atramentous Ford Escape, a bunched crossover SUV, on a asphalt alley in a boondocks center.
Ford Escape. Image source: Ford Motor Company.
The accepted adaptation of the bunched Ford Escape was a big hit aback it was aboriginal launched — in fact, Ford had to clutter to accumulate up with demand. Of course, that was aback in 2013: Like the Explorer, the five-passenger Escape is advancing the end of its archetypal life. Ford is still affairs affluence of Escapes, but its age has amount it some sales in this angrily contested category: Through November, U.S. sales are bottomward 10.6%.
An orange Chevrolet Equinox, a bunched crossover SUV, on a abundance road.
Chevrolet Equinox. Image source: General Motors.
GM has absolutely overhauled its calendar of crossovers, and about all of its new entries are strong. But none accept awash as able-bodied as the Equinox, a bunched five-passenger crossover SUV that offers a adequate ride and affluence of avant-garde appearance at a aggressive price. An alternative agent agent makes the Equinox one of the best fuel-efficient SUVs.
Equinox sales boomed anon afterwards the new archetypal began accession at dealers in aboriginal 2017, and they’re still booming: GM no best letters account sales results, but Automotive News estimates that sales of the Equinox are up 14.6% this year through November.
A red Honda CR-V, a bunched crossover SUV, anchored on a bank road.
Honda CR-V. Image source: Honda Motor.
Honda’s (NYSE: HMC) huge-selling bunched CR-V follows the brand’s time-tested formula: It’s reliable, fuel-efficient, accurately trimmed, and a little added fun to drive than some rivals. It has been a accident hit, so abundant so that Honda confused articles amid its factories in 2016 in adjustment to addition assembly for the U.S. market. That helped the CR-V to a monster sales absolute aftermost year, and it has backward abutting to that clip in 2018: Sales are bottomward 1.2% through November.
A red Nissan Rogue, a bunched crossover SUV. anchored on a abounding street.
Nissan Rogue. Image source: Nissan Motor.
Nissan’s (NASDAQOTH: NSANY) Rogue has become the company’s bigger agent in the U.S., and for acceptable reasons: It shines on analysis drives, acknowledgment to a nice autogenous and acceptable on-road manners; it’s ample and comfortable; and it’s priced aggressively.
Sales of the Rogue soared aftermost year afterwards a nice redesign; they’re up 1.7% this year through November.
A red 2019 Toyota RAV4, a bunched crossover SUV, anchored in an beach parking lot.
Toyota RAV4. Image source: Toyota.
Like the beyond Highlander, the one-size-down Toyota RAV4 hits all the appropriate family-friendly notes, alms safe, reliable, adequate busline — in this case, for bristles bodies — at a amount price.
In fact, because Toyota is in the bosom of rolling out an all-new RAV4 for 2019, approachable 2018 models accept been accessible at alike bigger prices than usual. No abruptness that U.S. sales are up 3.6% this year through November.
Added From The Motley Fool
John Rosevear owns shares of Ford and General Motors. The Motley Fool recommends Ford. The Motley Fool has a acknowledgment policy.
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