Almost a decade after the global financial crisis, and the subsequent car sales slump in key car sales regions such as Europe and the USA, the once fanciful idea of a quick return to car market normalisation may not have happened. However, and somewhat later than earlier expected, at long last global new car sales appear to have re-joined the marketís long-term intrinsic upward trajectory
Thatís the upbeat message from AIDís regular quarterly global car sales
monitor, showing, to the relief of the autoindustryís global community, that the previously crisis-stricken global car market has finally put the recent past aside and is again heading into the long-familiar upward direction.
Global car sales, apart from a brief stumble during the height of the recently endured financial crisis, have continued their inexorable climb to higher and higher levels.
Thatís regardless of the altogether different fortunes endured of late by BRIC member countries Russia and Brazil.
According to AIDís latest snapshot view of global new cars sales, this time for this yearís first quarter, global car sales rose 3.4 per cent to 16.1 million units.
Historically, for this particular first quarter, thatís a fifth all-time global cars sales record in the past six years.
A sign, if one was needed, that the motor powering global car sales, after only a brief stutter, is again firing on all
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