According to a media report, new cars with 3-cylinder engines are gaining popularity in the USA. The three-pot engines, which essentially had zero sales in 2019, now occupy a 5.6% market share at the end of Q2 2023; further approaching 6.2% in Q3.<\/p>\n
S&P Global Mobility’s Associate Director for Loyalty Solutions & Industry Analysis, Tom Libby, stated that the reason for the rising popularity of small engines is due to the increase in demand for ‘subcompact-plus’ utility vehicles. Data published by S&P Mobility shows the rise in demand, revealing new registration of subcompact-plus vehicles reaching 5,89,026 by July, compared to 1,23,033 units in previous years.<\/p>\n
What’s also interesting to note is that while three-cylinder engines are gaining popularity, the market share of larger 6 and 8-cylinder engines is slowing down. Reports state that demand for 6-cylinder engines has fallen by 1.8% since last year. Similarly, the market share of 8-cylinder units has also reduced from 11.5% to 10.9% over the past year.<\/p>\n
Four-cylinder engines though, remain the most popular powertrain option in the USA. The market share of the 4-pot engines even increased over the past year and now commands 57.2%.<\/p>\n