Is the tide turning on SUV’s and MPV’s? It appears that family cars could be the next ‘big thing’ in the automotive industry, with buyers returning to upper-medium sized cars such as the Ford Mondeo and Citreon C5. Right across Europe it seems that new tax regimes and pressure from the environmental lobby are making people think twice about large SUV’s. In the Irish market in particular changes to VRT are expected to see this sector lose ground to more traditional family models, particular in the face of concerns over future resale values.
The latest intelligence from EurotaxGlass backs up this theory. Jason King, head of market intelligence at the company commented, “Big SUV’s are not the thing to invest in for good resale value at the moment.” King also said recent launches such as the latest Ford Mondeo and the Citroen C5 had raised the bar in the sector and brought this type of car to more peoples attention.