China, pulling forcefully from the front and Western Europe pushing at the rear continued to act as the main locomotives to global automotive growth. Embodying in global automotive terms both the new and the old world, it is chiefly thanks to these two major global car sales regions alone that this year’s global automotive market has continued to expand
According to AID’s latest regular quarterly pulse sensing, this time at the three-quarter post, global passenger car sales for this particular 9-months period grew 5.1 per cent, paced chiefly by China and Western Europe.
One potential headache is the US, where of late underlying car sales growth came to a screeching halt, with Light-Vehicle sales falling in three out of the past five months.
Far from running out of puff during the second half as some had earlier expected, both West Europe’s car market and China’s in particular, continued to motor along, with the trend in sales still decidedly upwards.
Although both regions performed notably better than could have been predicted at the start of this year, the biggest surprise in this year’s 3rd quarter AID global car sales survey is that China’s car market didn’t slow down in the third quarter as earlier feared, but instead picked up continuous added
Volkswagen, is this as bad as it gets? 13 Sep 2016
Volkswagen, more pain and no gain
10 May 2016
Volkswagen buffeted by stiffening headwinds in March
11 Apr 2016