International passenger car markets contract

Berlin, 17 October 2018

Europe, US and China down on last year’s September results. Figures also fall in Japan and India. Brazil and Russia expand

Sales on the international passenger car markets were generally down in September. In Europe the strong August growth was followed, as expected, by a marked fall. The trend in China was negative, and the US, India and Japan also recorded falling figures. By contrast, Brazil and Russia enjoyed keen growth.

In September the European passenger car market (EU28+EFTA) was again affected by the introduction of the new WLTP testing cycle. After adding 30 percent in August, the market lost ground as expected in September. Sales of new vehicles fell by 23 percent to 1.1 million units. Of the five largest individual markets, Germany recorded the greatest decrease (-31 percent). The markets also showed double-digit contraction in Italy (-25 percent), the United Kingdom (-20 percent), Spain (-17 percent) and France (-13 percent). This year so far, the accumulated European passenger car market has grown by 2 percent.

In the US, sales of light vehicles (passenger cars and light trucks) fell by 6 percent in September – which had one trading day less this year than in 2017 – to 1.4 million vehicles. The trend toward light trucks is continuing: while sales of passenger cars decreased last month (-21 percent), the light truck segment expanded (+2 percent). A total of 12.8 million light vehicles have been sold since the beginning of this year (±0 percent).

The Chinese passenger car market contracted in September for the third time in succession. At 2 million vehicles, the market volume was 12 percent down on last year. In the first nine months of 2018, 16.9 million cars were sold in all, a rise of a good 1 percent.

In India 292,700 passenger cars were sold in September. This left sales 6 percent below last year’s result. Since January 2.6 million new vehicles have been sold, i.e. 7 percent more than in the same period in 2017.

A slight decrease was also seen on the Japanese passenger car market in September. Sales of new cars came to 404,100 units – a year-on-year fall of 3 percent. This year so far car sales have amounted to 3.4 million units, equating to a reduction of 1 percent.

The Russian light vehicle market grew last month. Domestic sales rose by 6 percent to 157,400 vehicles. Since January this year 1.3 million new vehicles have been sold, which is 15 percent up on the 2017 figure.

In Brazil, too, the light vehicle market added 6 percent in September, taking the market volume to 205,100 new vehicles. Year-to-date sales now stand at 1.8 million units – 13 percent above last year’s level.

Sep 18

+/- in %

Jan.-Sep. 2018

+/- in %

Europe (EU28+EFTA)* 1)

1.123.200

-23,4

12.304.700

2,3

European Union (EU-28)* 1)

1.091.200

-23,5

11.952.000

2,5

W. Europe (EU15+EFTA) 1)

1.048.800

-23,1

11.206.300

1,4

New EU Countries (EU13)* 1)

74.300

-26,9

1.098.400

13,0

Russia** 2)

157.400

6,2

1.297.400

14,9

USA** 3)

1.427.100

-5,9

12.841.700

0,3

Japan 4)

404.100

-3,3

3.367.300

-1,3

Brazil** 5)

205.100

5,8

1.783.000

13,1

India 6)

292.700

-5,6

2.605.800

7,0

China 7)

2.025.700

-11,9

16.922.600

1,1

Source: 1) ACEA  2) AEB  3) WardsAuto  4) JAMA  5) ANFAVEA  6) SIAM  7) CAAM

* without Malta

** Light Vehicles

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