Large Cars - LATAM
LATAM- Revenue in the Large Cars market is projected to reach US$15bn in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 39.18%, resulting in a projected market volume of US$76bn by 2029.
- Large Cars market unit sales are expected to reach 408.7k vehicles in 2029.
- The volume weighted average price of Large Cars market in 2024 is expected to amount to US$53k.
- From an international perspective it is shown that the most revenue will be generated China (US$106bn in 2024).
- Key regions:
- Worldwide,
- China,
- India,
- Germany,
- Europe
The Large Cars Market segment includes family passenger cars of an average footprint around 4.30m2 (46 ft2), an average mass around 1640kg (3620lbs) and a passenger/cargo volume between 3.1 m3 and 3.4 m3 (110 ft3 and 119 ft3). All key figures shown represent the sales of new large cars in the basic configuration in the respective year. Used vehicles are not taken into account, nor is adapted equipment for the new cars sold. The prices and revenues shown as well as the distribution of connectivity, drive types, autonomy levels, and average CO2 emissions are accordingly based on the basic models.
- European Car Segment: D (Large Cars)
- US Car Segment: Mid-size Cars
- Chinese Car Segment: Category B
- Also known as: Large Family Cars, Intermediate Cars, Compact Executive Cars, Entry-level Luxury Cars
Example models: Audi A4, BMW 3 Series, Citroën C5, Ford Mondeo, Honda Accord, Mazda 6, Mercedes-Benz C-Class, Opel Insignia, Opel Zafira, Škoda Superb, Subaru Forester, Subaru Outback, Toyota Avensis, Volkswagen Passat.
In-Scope
- Family passenger cars - Large cars
- Premium large cars
Out-Of-Scope
- Large SUVs
- Sports models
