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The Shift to Utility: Part II – June 2022

27 June 2022

Utility owners are increasingly migrating within the body style

A record 72% of households were loyal to the utility body style when they returned to market in 2021. Loyalty to utility size, however, has been declining and reached 54%.

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Read our full US Mobility Insights from S&P Global Mobility. Our June 2022 report on the US Market focuses on the Utility Body Style increase and the Utility Size Loyalty decrease.

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This edition of Mobility Insights (formerly Advisory Insights) is Part II of a two-part series. It follows our analysis on the movement from car to utility.

This article was published by S&P Global Mobility and not by S&P Global Ratings, which is a separately managed division of S&P Global.


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