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Market Insights report
Medium Cars accounted for 12.1% of the worldwide market revenue in 2023. This is a -3.5% growth compared to market share in 2019. The highest revenue share of Medium Cars sales in 2023 were generated in Mexico (32.7%) and Brazil (21.2%). The best-performing make in the Medium Cars market in 2022 was Volkswagen (revenue of US$40 billion), followed by Toyota (US$ 39.6 billion) and Nissan (US$35.2 billion).
What's included?
A medium-sized car offers a compromise between small and large cars, and is one of the most sought-after cars, after small SUVs. This is due to their affordability, compactness, ease-of-use and family friendliness. Medium cars are surely here to stay, and with the introduction of a wide variety of choices for consumers to choose from by manufacturers such as Ford, Toyota, Volkswagen, Hyundai, Mercedes-Benz, BMW and Audi, vehicle sales accruing from the Medium Cars segment would continue to increase.
The Medium Cars Market segment includes family passenger cars of an average footprint around 4.1m2 (44 ft2), an average mass around 1420kg (3130lbs) and a passenger/cargo volume between 2.8 m3 and 3.1 m3 (100 ft3 and 109 ft3).
Background:
Medium sized cars existed since 1930’s but they rose in popularity only in 1950’s. In the USA at that time, Ford’s market research unit recognized the large potential of this market and started targeting college educated, higher-income individuals as well as families buying more than one car. In Europe, this market is also known as “Golf Segment”, due to dominance of Volkswagen’s Golf in the last quarter of the twentieth century.
Example Models: Alfa Romeo Giulietta, Audi A3, BMW 1 Series, Citroën C4, Fiat Bravo, Fiat Doblo Panorama, Ford Focus, Honda Civic, Kia Cee'd, Lancia Delta, Mazda 3, Nissan Qashqai, Opel Astra, PEUGEOT 308, Renault Megane, Renault Scenic, Seat Altea XL, Seat León, Škoda Octavia, Škoda Roomster, Toyota Auris, Volkswagen Golf.
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Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
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Mon - Fri, 9am - 6pm (EST)