Chinese Auto Market marked the 12th consecutive decline in June, with 1.795.655 sales (-19%). Geely and Wuling were hit by a large sales drop, while impressive performances were registered by Honda and Audi. The Volkswagen Lavida lost 23%.
Geely Global Sales Performance in recent years has definitely grown faster than the global industry and in the 2018 was reported up 9.9%, closing with sales at 1.4 million. Indeed, sales have doubled during the 2010-2018 period of time. In the recently published study, focus2move team projects volumes at 1.8 million by the 2025.
Chinese Auto Market fell down in 2018 first time since the ’90s. The market fell during the second half, despite tax reduction ending the year at 27.5 million units. Volkswagen led the market with over double sales than Honda, while Geely (+10%) advanced in third place.
Geely is the fastest growing brand at global level this year the already outstanding performance scored in the previous 7 years. During the 2017, global sales jumped 57.8% thanks to domestic market success of the renovated line up. International sales are falling all over.
Kuwait Auto Market in 2017 lost for the third year in a string suffering for low oil production and politically instability. The lost of 7.8% was marginally mitigated by year-end rush, before VAT introduction. Toyota is market leader ahead of Mitsubishi and Nissan.
Chinese Vehicles Market in the 2017 gained only 0.8% penalized by fall in the commercial vehicles demand and by restrictions on high engines displacement. Honda grew up in second place, while Geely boomed 60% landing in fourth place.
Chilean Auto Market fast moved up in the 2017 improving sales by 17.9% and hitting the second best results ever. Strong economic momentum and higher copper price are sustaining consumers confidence and demand. Chery, Jac and Volkswagen shining.
Ukraine Vehicles Market in the 2017 consolidated the recovery with an impressive growth performance albeit economic recovery has gradually lost steam. Renault improved 59% consolidating the leadership ahead of Toyota and Volkswagen.
Saudi Arabia Vehicles Sales Statistics in 2017 fell 23% hit by first recession since 1999, due to reduced oil output in compliance with OPEC’s agreement and reduced government support. This albeit December was pushed up by sales anticipating VAT introduction.
Sweden Best selling cars 2017 back to the standard, after Volkswagen braked in 2016 the 54 years long Volvo domination. IN 2017 the last generation Volvo XC60 was the best model ahead of the new Volvo V/S90 and the former leader, Volkswagen Golf.
Sweden Vehicle Market hit a new all time record in the 2017, the second in a string, fueled by fast economic growth, solid labor market and the development of a local green vehicles strategy. Volvo outperformed on top of the list, ahead of Volkswagen and Toyota.
Sweden Best selling cars 2016 was the Volkswagen Golf, first time for a non Volvo after 54 years. Indeed the event was due to the Volvo decision to disconnect sales of the former leader the V70.
China Autos Industry boomed in July fueled by tax cut. Although market volume soared, the dealer inventory was the lowest in years and a robust order bank has been created by dealers.
Ukraine Light Vehicles Sales fast recovering in the first half 2016. Skoda and Kia advanced within the top five while the Kia Sportage scored an amazing improvement jumping in third place.