Press Releases

Good first half-year results on international automotive markets

Berlin, 17 July 2018

Growth in China, Europe and US – Strong expansion in India and Russia

First half-year results on the international automotive markets were all positive, the only exception being Japan. In the three largest sales regions – China, the US and Europe (EU28+EFTA) – a total of 28.8 million vehicles were sold. That is 1 million more than in the first half of 2017. Russia, Brazil and India all recorded double-digit growth.

In Europe, 8.7 million passenger cars were newly registered in the first half of this year – with year-on-year growth of 3 percent. June car sales slightly exceeded 1.6 million units, which was a rise of 5 percent. However, the trends varied on the largest individual markets. Marked growth was achieved in France (+9 percent) and Spain (+8 percent). Germany also recorded an increase in new registrations (+4 percent). By contrast, the figures fell in the United Kingdom (-3 percent) after two months of growth. The Italian market returned a weak result (-7 percent).

In the US the light vehicle market (passenger cars and light trucks) has expanded by 2 percent this year to 8.6 million new vehicles. Sales of cars have shed 12 percent, while those of light trucks increased by 10 percent. In all 1.5 million vehicles were sold in June (+5 percent).

The Chinese market finished the first half-year with a volume of 11.5 million new vehicles, i.e. nearly 6 percent up on 2017. Last month 1.8 million units were sold – a good 2 percent more than in June 2017.

In India the sales volume for the first six months increased by 13 percent to just over 1.7 million units. In June this year the market was 38 percent up on the low figure from 2017. The reason is that in June last year the Indian market contracted sharply in anticipation of the nationwide Goods and Services Tax (GST), which customers expected to result in lower prices.

In the first half-year, automotive business in Japan failed to match last year’s level, reaching only 2.3 million passenger cars (-2 percent). Last month’s sales came to 375,400 vehicles, i.e. 5 percent down on 2017.

The market in Russia continued its recovery. Its year-to-date volume now totals 849,200 new vehicles, which is a good 18 percent above last year’s value. Sales in June rose by 11 percent to 156,400 light vehicles.

The Brazilian light vehicle market reached 1.1 million units (+14 percent) in the first six months. In June the number rose by a good 3 percent to 195,400 new vehicles. One reason for this was a long-term effect of the truck drivers’ strike in May.

  June 2018 January-June 2018
  Volume Change
18/17 in %
Volume Change
18/17 in %
Europe (EU28+EFTA)*

1.619.000

5,1 8.695.800 2,8
  European Union (EU-28)* 1.569.100 5,2 8.449.200 2,9
  W. Europe (EU15+EFTA) 1.482.800 4,6 7.951.300 2,0
  New EU Countries (EU13)* 136.200 10,6 744.400 11,4
Russia** 156.400 10,8 849.200 18,2
USA** 1.543.800 5,4 8.574.300 2,0
Japan 375.400 -5,3 2.292.000 -2,3
Brazil** 195.400 3,1 1.129.200 13,7
India 273.800 37,5 1.735.000 13,3
China 1.830.300 2,4 11.540.600 5,5
* without Malta
** Light Vehicles
Eckehart Rotter
Eckehart Rotter Head of Department Press

Tel: +49 30 897842-120 Fax: +49 30 897842-603
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