Europe, Japan, India, Brazil and Russia also grow – US market eases off at high level
Passenger car sales on the large markets again showed varying trends in August. While the European and Chinese markets expanded, the US failed to match its level from August last year, but new car sales produced a double-digit rise in India, Brazil and Russia.
In Europe (EU28 + EFTA) new registrations of passenger cars rose to around 903,100 units in August (+6 percent). Of the five largest individual markets, Italy recorded the keenest growth at 16 percent, followed by Spain (+13 percent), France (+9 percent) and Germany (+4 percent). New registrations again lost ground in the United Kingdom (-6 percent).
In the first eight months of the current year, a total of almost 10.6 million passenger cars were newly registered on the European market, which is a rise of over 4 percent.
The volume of the US light vehicle market (passenger cars and light trucks) decreased in August by 2 percent, to around 1.5 million units. Since the beginning of the year, the overall light vehicle market has shed 3 percent, although with 11.3 million units sold it is still at a high level. Whereas light truck sales added 3 percent in the first eight months, to reach 7.2 million units, passenger car sales fell by 12 percent to 4.1 million units.
The Chinese passenger car market showed another rise in August. The sales volume exceeded 1.8 million new vehicles, 5 percent up on the same month last year. In the period from January to August a total of 14.4 million cars were sold – a rise of a good 3 percent.
Last month the Indian market continued its growth. Passenger car sales totaled 294,300 units, i.e. 14 percent above last year’s level. Since January, vehicle sales have climbed by nearly 10 percent to 2.1 million units.
In August the Japanese passenger car market recorded its tenth rise in succession. It came to 290,800 units, i.e. 4 percent more new vehicles were registered than in the same month in 2016. This year so far, sales have expanded by a good 8 percent to 3.0 million new cars.
August was a good month on the Russian light vehicle market, too. Domestic sales soared, adding 17 percent to reach 132,700 units. The cumulative sales total since January also shows positive growth, at 980,900 new vehicles – which is an increase of almost 10 percent.
In Brazil, the light vehicle market recorded a rise of 18 percent last month, with 210,100 new vehicles registered. This was already the fourth month of growth in succession. Year-to-date sales come to 1.4 million units, up by 6 percent on the previous year’s level.
|August 2017||January - August 2017|
17/16 in %
17/16 in %
|European Union (EU-28)*||865.000||5,6||10.232.700||4,5|
|W. Europe (EU15+EFTA)||803.700||4,9||9.688.600||3,6|
|New EU-Countries (EU13)*||99.400||10,9||871.000||14,3|