The average life cycle of a car is seven to eight years. Breaking down this period, we observe four distinct phases: introduction, growth, maturity, and decline. A mid-cycle refresh, after about three or four years of sales, reaches maturity. This helps the product to stay fresh without huge investment.
Many mainstream cars in Europe and the United States will be seven or eight years old in 2023. Most of them are very popular models, which were introduced or released between 2015 and 2016. Will we soon see new generations of these vehicles? Below are the answers, distributed by manufacturers.
The next generation of the BMW 5 Series should be among the most important offerings of 2023. The current G30 series was unveiled in October 2016 and thus the brand may introduce the next verse by the end of next year. The same goes for mini sisters, Clubman and Countryman.
Although Ford has announced that there won’t be a next-generation Fiesta, the iconic small car will be seven years old in November 2023. Meanwhile, in the US, the public is expected to see the new Lincoln Nautilus, unveiled for the first time. In January 2015 as the Lincoln MKX.
It remains unclear whether Volvo will continue to market its flagship S90 sedan as we know it today. The large Swedish sedan was introduced in December 2015 and could follow the same fate as the XC90 by switching to an all-electric generation. The same fate could befall the station wagon version, the V90, which has been on the market since February 2016.
Speaking of GM, Cadillac is already late to replace the XT5, which will be eight years old in the U.S. next year. On the Chevrolet front, however, it’s still unclear whether a new Camaro generation will follow. The Mustang Fighter debuted in its current form in 2015, and there have been rumors for years that it could be canceled when the current generation ends its run.
There is no word yet on the future of the Chevrolet Equinox, the current generation of which has been on the market in the US since September 2016. We recall that the brand recently introduced the Equinox EV. Hence, the petrol version may survive for a few more years.
In South Korea, the Hyundai Accent/Kia Rio duo is aging and Hyundai will replace both next year, at least in major markets.
Additionally, in Europe, the Hyundai i30 will turn seven years old in September 2023. Being a flagship model, there should be a direct successor, which we can already see with some teasers.
Like the BMW 5 Series, its next-generation Mercedes E-Class rival is also one of the most anticipated 2023 introductions (the current generation was introduced in January 2016). The second generation of the Mercedes GLC Coupé should also arrive next year, following the introduction of the “Classic” version last summer.
There are three products on the Japanese front that are destined to change, but whose futures are unclear. First up is the Infiniti Q60, followed by the Nissan Maxima, and finally the Nissan Micra, all of which are currently in the decline phase of their life cycle. The Maxima is confirmed to leave the US market after 2023, but its global status is unclear. Rumors of the Nissan Titan’s post-2024 demise could also mean a grand exit for the full-size truck.
At Renault, it should be time for a new Scenic but it is not yet certain that the minivan will see a new generation early next year. Meanwhile, the Koleos introduced in April 2016 is expected to be replaced by a larger version of the recently introduced Austral.
With 14 brands, Stellenbosch Group will have a lot of work to do in 2023. The Alfa Romeo Giulia and Stelvio will be seven and eight years old, respectively, like the Chrysler Pacifica, which was introduced in January 2016 and whose facelift was introduced in February 2020. .
More important is the case of the third-generation Citroen C3, which has been on the market since June 2016 and whose new generation could be one of the French brand’s immediate priorities.
As for Fiat, three of its models will be at least seven years old: the Mobi in Brazil and the Toro and Tipo, which came out in May 2015. After last year’s refresh, the Jeep Compass isn’t expected to get a new generation anytime soon. , despite the unveiling of the current generation in September 2016.
More than the second generation, the Maserati Levante, which turns seven in March, should receive a major restyling. Finally, Peugeot’s priority should be the new generations of the 3008 and 5008 presented in September 2016. But nothing is certain on this front for now.
Jaguar Land Rover
The Jaguar F-Pace will turn eight in September and as one of the brand’s flagship products, we should see some hints of the new generation later in the year. However, this may not be the case for the Jaguar XF, which has been on the market since March 2015, and the Land Rover Discovery, whose current generation was introduced in September 2016.
Despite being on the market since September 2015, no one expects a new generation of Tesla Model X. The Model 3 is almost as old, having been introduced in March 2016, but no new generation is in sight. Instead, minor improvements may be in store, as Tesla has done with the Model S that’s been on sale since 2012.
The second generation Toyota C-HR is expected to hit the market in the first half of 2023, when the current generation will be seven years old. Other global models, such as the Hilux pickup, will be eight years old in May, so it may be time for the brand to introduce a new generation soon, especially after recent refreshes of the Ford Ranger and Volkswagen Amarok. The same should be true for the US-market Tacoma, which goes on sale since January 2015.
The Volkswagen Group currently has as many as 15 models that are reaching the decline phase of their commercial lives.
Among the most notable are the Volkswagen Tiguan, which has been on sale since September 2015, the Audi A4, which has been on the market since June 2015, the Audi Q5, which was unveiled in September 2016, and the Porsche Panamera, the second of which The generation was released to the public in June 2016.
New products are also planned for other models such as Audi Q7, Seat Ateca, Skoda Kodiaq, Skoda Superb, Volkswagen Atlas, and Porsche 718 during the year.
The author of the article, Felipe Munoz, is an automotive industry expert. JATO Dynamics.