This is the fifth overall edition of TTAC’s Midsize Sedan Deathwatch. The midsize sedan as we know it — “midsizedus sedanicus” in the original latin — isn’t going anywhere any time soon, but the ongoing sales contraction will result in a reduction of mainstream intermediate sedans in the U.S. market.
How do we know? It already has.
U.S. sales of midsize cars plunged by 20 percent in October 2016, a year-over-year loss of nearly 39,000 sales for a segment that was already down by nearly 195,000 through the first three-quarters of 2016.
American consumers, businesses, government agencies, and daily rental fleets are still on pace to purchase and lease more than two million midsize cars in calendar year 2016. Of course, Americans had already purchased and leased more than two million midsize cars at this point in 2015, when the midsize sedan decline was already underway.
Regardless of what came before, October’s results were a punch in the midsize sector’s gut, as total sales fell by a fifth because of declines reported by every player in the category.
Save for the Subaru Legacy. (Read More…)
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