World’s Top25 Car Markets up 11% in August 2012.

After the tremendous success of the previous reports, focus2move.com is issuing again the Top25 world’s car market report, updated at August 2012.

For all the biggest 25 world’ car markets we are providing final and official registrations data, with the exception of Iran, which data are based on official production reports and Malaysia (official data for 7 months, while August was projected). We hope to be able to report about Malaysia as the local quarrel among MAA (local manufacturers association) and main OEMs will be solved.

The global car market is strong and fast growing and August was the month with highest year-on-year increase in the last 2 years. The Top25 markets, counting 89.5% of total sales, continued to over perform, posting in August an 11.4% increase, in spite of 11 of top25 markets were declining.

The strong trend was based on the phenomenal performance posted by the 4 biggest countries: China at + 15.9%, USA at + 19.9%, Japan at + 16.7% and Brazil at 31.6%.

As far as top countries, that’s the situation in short (clicking on the country you can access to the last full report over it):

China, pushed by government incentives to fuel efficient engines (lower than 1.6 liters) will further increase in the next months.

USA car market is booming pushed by private consumers resurging demand, subprime loans and declining unemployment; however, in the next future a slower step is expected.

Japan will now deeply decrease (from October) as the strong government’ budget to sustain the sector will end.

More uncertain is the Brazil situation. August was the highest ever month in history and market was above 400.000 units for the first ever time, pushed by temporary de-taxation. How long and how “temporary” this support would be is uncertain.

Germany was the 5th world’s market and was declining 4.7% in the month while year-to-date was still positive. The next months will be hard and negative for the biggest European market.

Russia in 6th maintained its momentum and is running towards the all-time record volume.

India in 7th declined in August due to the collapse of the market leader, the Maruti, sales as effect of a big plant shut down for riots and workers protests.

France in 8th was declining 12% and the next months will be crucial for this country, called to reduce the high public deficit to respect the agreement taken with the rest of Europe, with recession’s effects over car market.

United Kingdom was declining 1.8%. Be careful! We are talking of “light passengers’ vehicles” and LCV are included in all countries. UK car market was flat, while LCV were negative. The trend is somehow surprising considering UK is in recession.

Canada confirmed the 10th position, gained in July outpacing Italy with a steady 6% increase. This will be one of the best ever year for the Canadian car market.

Italy in 11th is declining 19.4%, in the worst year of last 25 years. However, our forecast is further negative for the next months.

South Korea dropped 25% in August for strikes at Hyundai plants; however the trend was already negative due to the economy growth below expectations and lower exports.

Thailand posted in August an impressive 68% increase, the highest not only among the Top25, but among the top 70 global car countries. Year-to-date volume at 866.000 was up 48.3% from last year. The market will further increase, pushed by a huge incentive to the first car purchasers.

Australia was 14th with a steady increase in one of the best years ever for the market.

Mexico and Indonesia follow with a similar positive trend and pointing out their relevance as emerging markets. Indonesia will fix the new all-time record.

In the table below, the Top25 World’s Countries, order for year to date sale. Please consider that the monthly ranking is not relevant, influenced by a local seasonality very different across the world.

Rank

Country

Aug

Ytd Aug

Q1

Q2

July

Aug

Ytd Aug

1

China

1.485.266

12.360.803

-2,9%

9,3%

9,0%

15,9%

4,9%

2

USA

1.285.202

9.706.923

13,3%

16,3%

8,9%

19,9%

14,7%

3

Japan

369.995

3.784.032

47,6%

65,5%

42,6%

16,7%

48,4%

4

Brazil

405.511

2.389.729

-0,6%

0,0%

22,0%

31,6%

7,0%

5

Germany

243.281

2.253.955

1,3%

0,1%

-4,7%

-4,7%

-0,6%

6

Russia

258.761

1.922.463

18,6%

11,7%

13,7%

15,1%

14,5%

7

India

174.694

1.804.012

14,8%

9,3%

11,2%

-4,8%

10,3%

8

France

115.051

1.549.397

-19,4%

-6,6%

-5,7%

-12,4%

-12,4%

9

United Kingdom

68.741

1.409.004

-0,9%

3,8%

9,4%

-1,8%

2,0%

10

Canada

149.353

1.163.464

8,4%

6,3%

4,8%

6,4%

6,8%

11

Italy

61.868

1.058.684

-22,1%

-19,9%

-21,3%

-19,4%

-20,9%

12

South Korea

96.116

988.698

-6,6%

-3,4%

-6,5%

-25,1%

-7,6%

13

Thailand

129.509

866.157

34,5%

58,4%

43,5%

63,9%

48,3%

14

Australia

93.552

721.108

4,6%

14,2%

4,5%

6,2%

8,4%

15

Mexico

83.326

621.940

10,8%

13,1%

11,4%

10,1%

11,6%

16

Indonesia

66.709

617.710

10,4%

47,6%

18,6%

4,4%

23,4%

17

Iran

77.582

615.984

-18,7%

-17,0%

-17,0%

-17,0%

-17,6%

18

Argentina

72.527

582.822

6,5%

-7,1%

-3,5%

-9,3%

-1,7%

19

Spain

53.430

567.130

-4,3%

-15,4%

-25,5%

0,2%

-11,4%

20

Saudi Arab

47.899

456.120

10,5%

19,5%

21,4%

-2,7%

13,7%

21

Turkey

58.148

457.735

-27,1%

-14,4%

-1,0%

-0,2%

-15,6%

22

Nederland

37.758

439.796

-6,6%

10,1%

-23,8%

-13,1%

-3,0%

23

Malaysia

62.211

415.416

-13,3%

19,8%

21,0%

10,0%

5,6%

24

Belgium

44.090

401.002

-12,4%

-13,0%

4,5%

5,0%

-9,5%

25

South Africa

53.982

397.395

9,1%

11,7%

18,8%

9,9%

11,3%

 

 

 

 

 

 

 

 

 

 

Top 25

5.594.561

47.551.478

4,2%

9,8%

9,0%

11,4%

7,7%

 

Total world

6.260.912

53.159.655

4,1%

9,1%

8,2%

10,5%

7,2%

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