It was introduced at the 2009 Geneva Motor Show in March, as the division's first entry into the popular SUV market.
The recession then hit and the luxury and big SUV market crumbled, leaving manufacturers in shambles.
It was the division's first major entry into the popular SUV market.
By the 1990s these vehicles were taking a growing share of the SUV market, reaching an estimated 50 percent by 2006.
The midsize SUV market is hot, and Hyundai's Veracruz appears to be a solid player.
This was to allow Toyota to enter the SUV market in North America.
Besides, an entry into the relatively stable and highly profitable SUV market would enable Porsche to weather the ups and downs of sports car demand.
The SUV market soon expanded with new entrants.
By 2006, the segment came into strong visibility in the U.S., when crossover sales "made up more than 50% of the overall SUV market."
The 1998 Lincoln Navigator was Lincoln's first - and most successful - foray into the SUV market.