Global Vehicle Sales in May 2014 have been up 3.4% from year ago thanks to strong sales in China, USA and UK and albeit the double digit loss reported by the biggest Asean market, Thailand, Indonesia and Malaysia. India was finally up.
In May 2014, the total light passengers cars sold world-wide have been 7.34 million, scoring a 3.4% increase from the correspondent month last year. Year to date sales have been 36.024.000 with an increase of over 1.3 million vehicles or 4.0% from year ago.
China keeps driving the global growth and with over 1.9 million vehicles sold it was the 25.8% of total market. However in the second half a lower economic growth and the increased limit to the car use in the key metropolitan areas could reduce the Chinese giant speed of growth.
Following months of low speed, in May the USA market boomed above expectations with 1.6 million sales and an increase of 11.5% that moved the cumulative data above 5%. This trend is expected to be confirmed in the second half.
As expected, in May Japanese market has finally stopped the run, hurt by the increased taxation, and fell 1% following a very fast sales period. Indeed the cumulative sales are still up 14% from last year, while the second half will be moderately down.
Brazil kept the harsh period losing another 7%, while Indian car market celebrated the election of a new government breaking the long series of losses and posting a corroborant 7% increase.
In Russia the market posted a double digit loss keeping the negative trend and in the perspective this would not be the worst month of the year.
The tale of UK market is not yet ended and growing again by 8.8% the market over performed expectations projecting a final year volume above 2.4 million.
The South East Asian market are struggling and in May Indonesia, Malaysia and Thailand have reported a double digit loss, first time since 2008.
Finally, a new entrance in our Top 25 Ranking was represented by Taiwan that boomed sales in May by 19% taking the place usually hold by The Netherlands.
In the interactive tables below the Top 25 Market data & statistics:
|Rank May||Rank Ytd||Country||May 2014||May 2013||Var May||Ytd May||Var Ytd May|