The upper-medium car market is down 17.7 percent for the year-to-date but the MPV and SUV sectors, including their related sub sectors, continue to grow.
Research by Jato Dynamics found that consumer demand is continuing to shift from established market sectors to newer segments such as the small SUV and mid-sized MPV.
Despite the pending launch of new generation products in the upper-medium car market, including the Ford Mondeo and Renault Laguna (right), the analysts said there was no indication that the downward sales trend would change in the medium to long term. BT.Ad: Toyota Corolla
