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PREMIUM BRANDS | AID EXCLUSIVE
China and Europe prop up world car sales but US shows signs of fading
Published: Thu, 28th Jul 2016 11:17:58 GMT  
 

AID Newsletter World car sales supplement H1

Half-year global car sales rose for the seventh successive time in a row to a new all-time high for this particular 6-months spell, according to AIDís latest half-year statistical car sales supplement

Unlike recent years, following the fallout from the global financial crisis, this yearís continuing growth in global new car sales is driven foremost by China, Western Europe and to a lessening extent by the US. 

These three car sales regions still stand out head and shoulders above the rest as todayís global pillars of strength. 

Whereas underlying new car demand in both China and Western Europe has continued to strengthen during the second quarter, the US Light-Vehicle market, still one of the pillars of the recent global car sales recovery, suddenly looks a little wobbly. 

The US, positioned just below this yearís darlings, but still miles above demons Brazil and Russia for instance, saw largely unchanged sales during this yearís second quarter. 

While Koreaís car market, a small fish on the global car sales scene, has helped to take up some of the slack, Japan is a mere shadow of its former self and remains in the grip of a severe car sales famine
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