Flash Reports

Global Light Vehicle Market trend is high divergent.

Global Light Vehicle Markets Porsche-911_Targa_2015

Global Light Vehicle Markets trend was high divergent in February growing only 1% hit by Japan, Russia and Brazil sharp fall albeit fast growth reported for Turkey, Mexico and Spain.

Global Economic Environment

The global economy is still struggling to gain momentum as many high-income countries continue to grapple with legacies of the global financial crisis and emerging economies are less dynamic than in the past.

Global growth in 2014 was lower than initially expected, continuing a pattern of disappointing out turns over the past several years. Growth picked up only marginally in 2014, to 2.6%, up only 0.1 point from the previous year.

Beneath these headline numbers, increasingly divergent trends are at work in major economies.

Several major forces are driving the global outlook: soft commodity prices; persistently low-interest rates but increasingly divergent monetary policies across major economies; and weak world trade. In particular, the sharp decline in oil prices since mid-2014 will support global activity and help offset some of the headwinds to growth in oil-importing developing economies.

However, it will dampen growth prospects for oil-exporting countries, with significant regional repercussions.

Light Vehicles Sales Data

In February 2015 according to data collected by focus2move Research Team in over 120 markets, the total new Light Passengers Vehicles global market grew only 1.0% from the correspondent month last year at 6.45 million units.

Three key markets out of the 10 largest have reported significant losses while China and USA sales speed was lower than in recent months. Brazil and Russia have lost respectively 27.3% and 37.9%, while Japan market ended the race losing 13.3%.

In the ranking, Brazil lost two spots and now India is the fourth largest market, ahead of Germany, Brazil and France. Russia collapsed down ranking in 9th place and the positive start of the year allowed to Italy to recover the 8th place, first time after 5 years.

Due to the low seasonality, the UK market ranked only in 15th place. Strong markets had been Mexico (+22.5%) Spain (+26.0%) and Turkey, the best with a tremendous +58.0%.

Rank Feb Rank Jan Country Sales Feb YtD Feb Feb Var YtD Var Share Feb ’15 Share Jan ’15
1 1 China 1.643.895 4.033.052 4,1% 7,1% 25,8% 33,5%
2 2 USA 1.258.560 2.411.040 5,5% 9,3% 19,7% 16,2%
3 3 Japan 481.070 881.641 -13,3% -15,6% 7,5% 5,6%
4 4 India 272.698 548.110 5,9% 5,7% 4,3% 3,9%
5 6 Germany 232.237 458.880 6,5% 5,8% 3,6% 3,2%
6 5 Brazil 178.822 422.726 -27,3% -22,5% 2,8% 3,4%
7 8 France 176.993 335.186 3,2% 3,3% 2,8% 2,2%
8 9 Italy 145.442 287.285 12,9% 11,7% 2,3% 2,0%
9 11 Russia 128.298 243.688 -37,9% -32,1% 2,0% 1,6%
10 10 South Korea 119.961 251.517 -0,7% 3,9% 1,9% 1,8%
11 13 Canada 109.248 208.408 3,1% 3,3% 1,7% 1,4%
12 14 Indonesia 99.137 194.477 0,0% 0,0% 1,6% 1,3%
13 12 Mexico 97.935 201.632 22,5% 21,9% 1,5% 1,5%
14 16 Spain 97.429 174.213 26,0% 26,6% 1,5% 1,1%
15 7 UK 90.790 277.695 12,8% 9,7% 1,4% 2,6%
16 15 Australia 90.424 172.540 6,6% 3,8% 1,4% 1,2%
17 19 Saudi Arabia 67.425 128.518 0,1% 0,1% 1,1% 0,9%
18 20 Thailand 63.016 121.819 -7,8% -10,4% 1,0% 0,8%
19 17 Iran 56.669 125.070 0,1% 0,0% 0,9% 1,0%
20 27 Turkey 55.331 89.946 58,0% 32,9% 0,9% 0,5%
21 24 Belgium 52.860 102.334 4,0% -3,4% 0,8% 0,7%
22 22 Malaysia 50.390 100.992 -0,2% 0,4% 0,8% 0,7%
23 23 South Africa 50.048 100.490 1,5% 0,0% 0,8% 0,7%
24 18 Argentina 41.214 105.601 -25,9% -34,2% 0,6% 0,9%
25 21 Netherlands 38.103 92.460 0,8% 4,4% 0,6% 0,8%

Wishing to receive reports on each of these markets, please contact us for a quotation.

 







(380)