World Cars Brand Ranking in the first five months of the 2017 led by Toyota. The Chinese difficulties have blocked Ford from the recovery over a shy Volkswagen, while Renault and Mercedes confirmed their great momentum.
Global economy growth remains on track as some developments with the potential to jeopardize the economic recovery failed to materialize. Trump’s much-dreaded protectionist agenda has not yet come to fruition and global trade is in good health. The European Union is enjoying political stability not seen in years and the economy is in smooth sailing. Although growth in China has decelerated, it is expected to remain robust throughout this year, while authorities will continue with the implementation of economic reforms and initiatives to deleverage the financial sector.
The economic story remained largely intact in the Euro area, with GDP benefiting from a declining unemployment rate and a robust external sector. In Japan, a competitive yen and healthy investment buttressed economic growth. On the downside, economic dynamics in the United Kingdom started to feel the pinch of high inflation and subdued wage growth.
Such positive economic environment represents the first propellent for the global automotive business and sales of vehicles are growing up with Year to date May figures at 38.4 million units, up 2.4%.
Despite the year was announced as transitional, Toyota is taking full advantage from the domestic market growth and has improved the global sales at 3.6 million (+4.9%).
Volkswagen in second place is flat (+0.5%) at 2.71 million sales losing in key markets like Germany (-6%), UK (-5%), Brazil (-8%), Turkey (-16%) and France (-7%).
Following the positive 2016, this year the attack of the third, Ford, to the second step is stopped by the huge fall in China (-18%) with global sales down 1.6% at 2.54 million.
Nissan was fourth with 2.12 million sales (+6.3%) with great performance in China, Japan, UK and Brazil, but should look at the shoulder where Honda is fast growing (+9.9%) at 2.078 million.
Koreans are struggling, first time in a decade, with Hyundai sixth with 1.74 million sales (-10.6%) and Kia 8th with 1.13 million sales (-14.4%).
Chevrolet was seventh with 1.56 million sales (-1.1%) while in 9th place Renault is fast growing (+11.7%) as the 10th Mercedes (+12.6%).
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All data are sourced from our Mobility Database, feed on daily basis with data on OEM, Brands, Models, Segments collected in over 140 markets, actually the widest Vehicles Database worldwide.
Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.
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