World Light Vehicle Sales in 2015 will be 90 million.

World Light Vehicle Sales Jaguar-XE_S_2016

World Light Vehicle Sales in 2015 will be 90.1 million according to our panelist projection just revised after the Q1 final data for the Top 50 Market. Turkey, Vietnam and Spain are the fastest markets while Russia is collapsing. Others top losers had been Chile and Thailand.

Economic Outlook

The global economy experienced a mild acceleration at the outset of the year.

According to preliminary data, the global economy expanded 2.9% in Q1 over the same quarter last year, which was slightly up from the 2.8% increase tallied in Q4. Results of note in the first quarter include a year-on-year acceleration in the United States, which was mainly the result of a low base of comparison from last year.

That said, in seasonally adjusted annualized terms, the economy nearly stalled in Q1 due to a yet another harsh winter. On the other hand, economic dynamics slowed in China—in line with the government’s “new normal” approach to growth—and in the United Kingdom.

Growth accelerated in the Euro area in first quarter, while Japan posted an outright contraction in the same period, driven mainly by the impact of a front-loaded increase in consumer spending last year ahead of the sales tax hike implemented in April 2014.

Market Outlook

In the First Quarter 2015, the Global Light Passengers Vehicles (cars plus light commercial vehicles) global market grew only 2.5% from the correspondent period in the previous year with total sales at 22.15 million units, up only half a million vehicles from Q1 2014. March growth (not fully consolidated) was at 3.0% after the +0.6 and +3.8 reported respectively for January and February.

The full year 2015 is projected positive again and should hit the 6th all time record in a row. After first quarter, our panelist have reviewed up the forecast and now volume is at 90.1 million units.

Top 50 Markets Data

In our interactive table we report on the top 50 markets, with final data for 44 countries with estimated data regards Iran and few Middle East countries for which we are still collecting final information.

In March, thirteen markets scored over 100.000 sales with Turkey reported as the fastest growing market. The country ranked in 17th place, up 3 spots from 2014, with 83.303 sales (+75.1%) in March and with 173.249 units in the quarter (+50.3%). It was the fastest in the Q1 as well.

The second fastest market in March was Vietnam (46th with 15.452 sales , +44.4%) followed by Spain (13th with 128.583, +44.1%).

Weakest market among the Top 50 was Russia, with March sales at 139.850 (-42.5%) falling in 12th place, down 4 spots. Russia was also the worse in the quarter ranking 11th with 383.538 units (-36.3%).

The others top losers had been Chile (21st with 21.469 units, -22.8%) and Thailand (18th with 72.862, -12.0%).

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.

Rank 2015 Rank 2014 Country Mar Q1 Var Mar Var Q1 Share Mar Share Q1
1 1 China 2.262.139 6.295.191 5,8% 6,6% 26,4% 28,5%
2 2 USA 1.545.710 3.956.750 0,5% 5,7% 18,0% 17,9%
3 3 Japan 693.720 1.575.361 -8,5% -12,6% 8,1% 7,1%
4 7 UK 554.668 832.363 7,7% 8,4% 6,5% 3,8%
5 5 Germany 337.950 796.830 8,7% 7,0% 3,9% 3,6%
6 6 India 286.866 834.976 2,8% 4,7% 3,3% 3,8%
7 9 France 233.221 568.407 9,4% 5,7% 2,7% 2,6%
8 4 Brazil 225.981 648.707 -1,2% -16,2% 2,6% 2,9%
9 12 Italy 173.369 460.421 14,4% 12,6% 2,0% 2,1%
10 10 Canada 160.416 368.824 2,0% 2,7% 1,9% 1,7%
11 11 South Korea 149.496 401.013 9,0% 5,8% 1,7% 1,8%
12 8 Russia 139.850 383.538 -42,5% -36,3% 1,6% 1,7%
13 16 Spain 128.583 304.208 44,1% 34,1% 1,5% 1,4%
14 14 Australia 105.054 277.594 13,6% 7,3% 1,2% 1,3%
15 13 Mexico 104.902 304.894 22,4% 21,4% 1,2% 1,4%
16 15 Indonesia 94.406 264.386 -3,3% -9,5% 1,1% 1,2%
17 20 Turkey 83.303 173.249 75,1% 50,3% 1,0% 0,8%
18 19 Thailand 72.862 194.681 -12,0% -11,0% 0,9% 0,9%
19 18 Saudi Arabia 70.297 198.815 0,1% 0,1% 0,8% 0,9%
20 21 Malaysia 67.314 168.306 14,7% 5,7% 0,8% 0,8%
21 24 Belgium 61.150 163.699 5,3% -0,2% 0,7% 0,7%
22 17 Iran 56.677 181.747 0,1% 0,1% 0,7% 0,8%
23 23 South Africa 52.199 152.689 -0,8% -0,3% 0,6% 0,7%
24 22 Argentina 47.151 152.752 -4,3% -27,2% 0,6% 0,7%
25 28 Poland 38.311 103.479 -2,3% -3,2% 0,4% 0,5%
26 27 United Arab Emirates 37.622 105.612 0,1% 0,1% 0,4% 0,5%
27 29 Sweden 35.835 85.814 13,3% 10,3% 0,4% 0,4%
28 25 Netherlands 34.932 127.819 1,2% 3,6% 0,4% 0,6%
29 33 Switzerland 34.558 79.972 20,1% 6,0% 0,4% 0,4%
30 32 Austria 34.114 82.472 4,5% -6,8% 0,4% 0,4%
31 26 Taiwan 33.892 106.721 -1,2% 7,4% 0,4% 0,5%
32 30 Algeria 33.769 94.255 8,0% 4,1% 0,4% 0,4%
33 34 Colombia 25.556 72.244 8,5% 2,4% 0,3% 0,3%
34 37 Israel 24.540 80.014 2,3% 10,2% 0,3% 0,4%
35 40 Czech Rep 22.811 57.326 29,1% 25,2% 0,3% 0,3%
36 38 Denmark 22.763 56.873 18,2% 4,7% 0,3% 0,3%
37 35 Egypt 22.710 66.898 2,7% 9,3% 0,3% 0,3%
38 42 Portugal 22.695 52.723 36,7% 32,7% 0,3% 0,2%
39 36 Philippines 22.210 60.220 0,1% 0,1% 0,3% 0,3%
40 53 Ireland 21.858 74.725 34,9% 32,7% 0,3% 0,3%
41 31 Chile 21.469 63.593 -22,8% -27,5% 0,3% 0,3%
42 39 Oman 18.473 55.088 0,2% 0,2% 0,2% 0,2%
43 48 Uzbekistan 17.910 52.005 -10,0% -10,0% 0,2% 0,2%
44 47 Pakistan 17.356 52.772 43,3% 36,2% 0,2% 0,2%
45 41 Norway 16.850 42.644 1,6% -1,7% 0,2% 0,2%
46 46 Vietnam 15.452 45.863 44,4% 68,7% 0,2% 0,2%
47 45 Kuwait 15.148 42.974 2,0% 2,0% 0,2% 0,2%
48 43 Peru 14.795 48.923 9,0% 14,0% 0,2% 0,2%
49 51 Morocco 12.049 32.154 0,3% 0,3% 0,1% 0,1%
50 52 Finland 12.008 32.007 15,3% -3,0% 0,1% 0,1%

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