Markets

Insider Trading

Hedge Funds

Retirement

Opinion

10 Best Three-Row SUVs in 2023

In this article, we will look at the 10 best three-row SUVs in 2023. If you want to explore similar SUVs, you can also take a look at 5 Best Three-Row SUVs in 2023.

SUVs are becoming increasingly popular due to their versatility and spacious interiors, making them an ideal choice for drivers who need plenty of room to take their family and friends on trips. Three-row SUVs are the perfect option for those who need extra space for passengers or cargo, as they offer ample seating for up to seven or eight people.

An Analysis of the Global SUV Industry: Size, Drivers, Opportunities, Challenges, and More

The SUV market has grown significantly over the past decade, with an increasing number of consumers opting for the larger and more expensive vehicles. SUVs offer more space, higher ground clearance and greater visibility than other vehicle categories, making them an attractive option for consumers who require a vehicle with greater utility.

While the global automotive industry is among the largest industries in the world, valued at $2.6 trillion, the SUV industry is responsible for a major chunk of this huge market cap. According to a report by MarketsandMarkets, the global SUV industry was worth $885.8 billion in 2022. The SUV market is expected to grow at a compound annual growth rate of 6.6% through 2027, reaching a valuation of $1.22 trillion by the end of the forecasted period.

According to the report, the SUV industry is being driven by a surge in demand for luxury vehicles, particularly SUVs, due to improving economic conditions across the globe and a rise in disposable income. The report pointed out that global premium SUV production increased from 53% in 2016 to 62% in 2021. The U.S., Canada, China, Japan, and South Korea are the main drivers of the SUV market, representing over 90% of total production. Not just SUVs, these countries are also among the largest car producers in the world, no matter its class. In 2021, 75% of luxury cars produced in the U.S. were SUVs. China and India have also seen significant growth in SUV demand, with China increasing by 36% and India by 10% between 2018 and 2021.

Rising global vehicle sales have prompted governments and regulatory bodies to impose stricter emission norms. This has increased the demand for electric and hybrid vehicles, resulting in more electric SUVs being launched. The report pointed out that according to statistics from the IEA, over 55% of electric car models that were announced in 2021 were SUVs and pickups. Electrification of SUVs is attractive due to their higher fuel consumption and since they have a higher price tag as compared to smaller cars, manufacturers can charge a premium and reap higher profit margins. Currently, the US has the highest electric SUV market share, while India, China, and some EU countries are recording the fastest growth.

Automakers are working on bringing more large electric SUVs to market. However, large batteries and increased weight are resulting in increased costs and higher charging times. SUV sales continue to be dominated by traditional powertrains. Though some hybrid or electric models exist, advancements in battery technology are needed to make electric SUVs more popular.

In 2021, the all-electric SUV market was led by Asia-Pacific, with China accounting for more than 94% of sales. In recent years, Chinese, South Korean, Japanese, and Indian carmakers have launched various electric SUVs. Future electric SUVs are expected to be more powerful due to advancements in electric powertrain, batteries, thermal management, and other power electronic modules.

Furthermore, according to the report, two-row and three-row SUVs are becoming increasingly popular among consumers. While, the Americas region held the largest market share of this segment, rising adoption of three-row SUVs from APAC countries is expected to drive the growth of this segment further through the forecasted period.

The SUV market is expected to continue to grow in the coming years as more consumers opt for these vehicles over other categories. Manufacturers are also continuing to invest in developing new technologies, such as hybrid and electric powertrains, to make SUVs more efficient and attractive to consumers. Some of the largest car companies in the world that are working on bringing their all-electric SUVs to the market include Tesla, Inc. (NASDAQ:TSLA), General Motors Company (NYSE:GM), and Ford Motor Company (NYSE:F).

Let’s now look at the 10 best three-row SUVs in 2023.

Our Methodology

To determine the best three-row SUVs in 2023, we reviewed consensus picks from Forbes, Edmunds, Motor Trend, TrueCar, and Kelley Blue Book. We then used our own scoring method to narrow down the best from these. We started by including SUVs that were mentioned in at least 3 of the 5 rankings we reviewed. Then we scored each SUV according to how high they were ranked on their respective lists. SUVs that were ranked at number 1 received 10 points and we deducted 1 point for each lower rank up. SUVs that were ranked at number 10 and below received 1 point. We added up the points we gave to each SUV and then arranged these SUVs in ascending order of their calculated scores. Where the score was the same, we used the number of mentions as the tie-breaker.

In addition to its features, along with each SUV, we have mentioned the number of rankings it was part of and also our calculated score for it.

Best Three-Row SUVs in 2023

10. Subaru Ascent

Number of Mentions: 3

Insider Monkey’s Score: 11

The 2023 Subaru Ascent, by Subaru Corporation (OTC:FUJHY) is becoming a popular choice among experts when it comes to three-row SUVs. Subaru Corporation (OTC:FUJHY) equipped the 2023 Ascent with a powerful 2.4-liter turbocharged flat-four engine that produces 260 horsepower and 277 lb-ft of torque, which is paired with a CVT automatic transmission and all-wheel drive. Furthermore, it is equipped with a variety of safety features as standard, such as automatic emergency braking, lane centering, adaptive cruise control, and automatic high-beams. Subaru Corporation (OTC:FUJHY) offered blind-spot monitoring and rear cross-traffic alert in the higher trim models. Additionally, this car offers a comfortable ride, a large infotainment touchscreen, and a comprehensive selection of safety features. All these features make the 2023 Subaru Ascent one of the best three-row SUVs in 2023.

Some of the top automakers in the world include Subaru Corporation (OTC:FUJHY), Tesla, Inc. (NASDAQ:TSLA), General Motors Company (NYSE:GM), and Ford Motor Company (NYSE:F).

9. Acura MDX

Number of Mentions: 3

Insider Monkey’s Score: 13

The 2023 Acura MDX is a luxurious and practical three-row SUV offering the modern driver a high-end cabin with plush seating and a variety of features. Its standard 290-horsepower V6 engine, coupled with a 10-speed automatic transmission, provides drivers with ample power and great performance. For those who desire more power, the MDX Type S model features a turbocharged 355-horsepower V6 engine. The MDX also has superior handling capabilities and is made with high-quality materials. It offers plenty of cargo space and advanced safety features such as pedestrian detection, lane-departure warning, adaptive cruise control, and driver-attention monitoring. It has become a favorite of experts, making it an easy choice for anyone looking for a luxurious three-row SUV. With its modern features, plenty of power, and superior quality, the 2023 Acura MDX is one of the best three-row SUVs for 2023.

8. Jeep Grand Cherokee L

Number of Mentions: 4

Insider Monkey’s Score: 13

The 2023 Jeep Grand Cherokee L is a great choice for those looking for an impressive three-row SUV. This model offers seating for up to seven passengers, along with a variety of safety and technology features. For power, you have the option of a 290 horsepower V-6 engine and an eight-speed automatic transmission, or a 357 horsepower V-8 engine with either rear- or all-wheel drive. Fuel economy is equally impressive, with 19 mpg in the city and 26 mpg on the highway for the V-6. Inside, the Grand Cherokee L features luxurious materials and finishes, including wood trim and genuine leather upholstery in the higher-end variants. No matter what you’re looking for in a three-row SUV, the 2023 Grand Cherokee L is an excellent choice. It’s sure to be a popular choice in the upcoming year thanks to its impressive powertrain, decent fuel economy, and luxurious interior.

7. Ford Explorer

Number of Mentions: 4

Insider Monkey’s Score: 15

The 2023 Ford Explorer is a top-rated three-row SUV that offers a generous amount of cargo space and superior handling and ride comfort. Safety is also a major priority, with a wide range of advanced safety features such as forward collision warning, forward automatic emergency braking, pedestrian detection, and driver-attention monitoring. The infotainment system is user-friendly and intuitive, making it easy to access the features you need. For power, the lower trims of the Explorer feature a turbocharged 2.3-liter four-cylinder engine, boasting an impressive 300 horsepower and delivering a smooth ride. If you’re looking for more power and a more enjoyable driving experience, the higher trim levels come with a twin-turbocharged 3.0-liter V6 engine, providing 400 horsepower. With a total score of 15, the 2023 Ford Explorer is one of the best three-row SUVs available in 2023.

6. Volkswagen Atlas

Number of Mentions: 3

Insider Monkey’s Score: 17

The 2023 Volkswagen Atlas is an ideal choice for those looking for a reliable and safe vehicle that offers plenty of seating and cargo space and a pleasant driving experience. Volkswagen AG (OTC:VWAGY) offered two engine options for the 2023 Atlas – a turbocharged 2.0-liter four-cylinder and a 3.6-liter V6, both of which are paired with an eight-speed automatic transmission and front-wheel drive. All-wheel drive is available as an optional feature. Volkswagen AG (OTC:VWAGY) also equipped the 2023 Atlas with plenty of standard and optional safety features, such as forward-collision warning, automated emergency braking, blind-spot monitoring, and rear cross-traffic alert, the Atlas is sure to provide peace of mind. It also comes with plenty of entertainment options, making it a great family vehicle. With 17 points, the 2023 Atlas has earned a spot among the best three-row SUVs for 2023.

In addition to Tesla, Inc. (NASDAQ:TSLA), General Motors Company (NYSE:GM), and Ford Motor Company (NYSE:F), Volkswagen AG (OTC:VWAGY) is also making strides to dominate the electric SUV space and is working on innovative SUVs such as the VW ID.4.

Click to continue reading and see 5 Best Three-Row SUVs in 2023

Suggested articles:

Disclosure: None. 10 Best Three-Row SUVs in 2023 is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…