US and China expand slightly – Brazil, India and Russia show double-digit growth
Global automobile sales turned in positive results in November. China matched its very high figure from last year, while the US and Europe (EU28+EFTA) both expanded. Brazil and Russia again recorded double-digit growth, and India continued to increase its sales. The Japanese market, by contrast, recorded a dip last month.
New registrations of passenger cars in Europe (EU28+EFTA) rose in November to around 1.3 million units (+6 percent). Among the major volume markets, Spain showed the strongest growth (+12 percent). Increases were also seen in France (+10 percent), Germany (+9 percent) and Italy (+7 percent). The United Kingdom, on the other hand, recorded another fall in its figures (-11 percent).
In the first eleven months of the current year, around 14.5 million passenger cars were newly registered on the European market. This equates to a rise of about 4 percent.
In the US, last month’s light vehicle sales (passenger cars and light trucks) grew by a good 1 percent to 1.4 million vehicles. While sales in the light truck segment added 8 percent, sales of cars lost 9 percent. This means that in November two thirds of the vehicles sold were light trucks. The total light vehicle market has shrunk by 2 percent this year to 15.5 million new vehicles.
At more than 2.5 million new vehicles sold, the Chinese passenger car market slightly exceeded its result from November 2016. Since the beginning of the year, 21.6 million cars have been sold in all (+3 percent).
Following a breather in October, the Indian passenger car market returned to its growth path last month. With a total of 275,400 units, a good 14 percent more new vehicles were sold than in November last year. Passenger car sales increased by 9 percent to around 3.0 million units during the first eleven months of 2017.
On the Japanese passenger car market 332,700 new cars were sold in November, which was 3 percent down on the same month last year. Despite the fall, the market has shown keen growth this year. Sales of new cars from January to November climbed 6 percent to 4.1 million units.
The Russian light vehicle market is putting on a year-end growth spurt. Last month’s market volume came to 152,300 units, a double-digit increase (+15 percent) taking it to the highest level since December 2014. Up to the end of November, this year’s sales of light vehicles amounted to 1.4 million, which was a rise of 12 percent.
The Brazilian light vehicle market expanded in November for the seventh time in succession. Sales of 197,600 new vehicles pushed the result up by 14 percent. The Brazilian market also shows strong year-to-date growth, with sales rising by 10 percent to 2.0 million units.
|November 2017||January - November 2017|
17/16 in %
17/16 in %
|European Union (EU-28)*||1,216,700||5.9||14,047,500||4.1|
|W. Europe (EU15+EFTA)||1,144,500||5.3||13,294,599||3.2|
|New EU Countires (EU13)*||113,700||10.3||1,198,900||14.0|
|* without Malta
** Light Vehicles