Baltic states and Poland have rising figures – Russian market shrinks
The three large automotive markets – Western Europe, the USA and China – ensured dynamic growth on the global market in April. In Western Europe growth continued with a year-on-year rise of 4 per cent, while demand in China showed a double-digit increase (+14 per cent) alongside growth of 8 per cent in the USA. By contrast, sales of new cars fell in Brazil, India, Russia and Japan.
In Western Europe the number of new passenger cars registered in April rose to reach nearly 1.1 million units (+4 per cent). This was the eighth month of growth in succession. The United Kingdom continued its positive development with a year-on-year increase of 8 per cent. Passenger car demand climbed by 6 per cent in France, and by 2 per cent in Italy. The Spanish car market expanded especially strongly – its 29 per cent increase was boosted by the state incentive scheme and the procurement of rental cars in particular. Of the largest five Western European markets, only Germany contracted (-4 per cent). The small passenger car markets in Western Europe showed keen growth in April; for instance, demand for passenger cars in Portugal rose by over 53 per cent – which was the eleventh month of double-digit growth in a row. Ireland also continued its recovery (+28 per cent). Since January passenger car demand in Western Europe has increased overall by a good 6 per cent to around 4.2 million new vehicles.
New registrations of passenger cars in the new EU Member States increased markedly in April. Sales of new cars climbed bynearly 13 per cent to 76,800. Growth was especially strong in the Baltic states of Lithuania (+36 per cent) and Latvia (+34 per cent), while Estonia recorded a rise of 4 per cent. The Polish car market expanded byroughly 17 per cent last month. Total demand in the new EU countries up to the end of April showed a year-on-year rise of almost 20 per centto 302,000 units.
The US automobile business “revved up” in April: themarketfor light vehicles (passenger cars and light trucks) expanded by 8 per cent, to reach 1.38 million new vehicles. This was obviously mainly due to buoyant consumer confidence and rising employment. In the first four months of this year, sales rose by 3 per centto 5.1 million light vehicles.
Light trucks continued to drive growth onthe US market in April – demand rose by 13 per centto 725,900 units. FromJanuary to April, a riseofclose to 9 per cent took the number of light trucks to 2.7 million. The USpassenger carmarket increased the first time thisyear (by 3 per cent to 657,900) but its total for the first four months was 2.4 millionunits, which was more than 2 per cent below the previous year’s level.
In China, thepassenger carmarket demonstrated healthy growth again in April. Sales reached a volume of nearly 1.5 million new vehicles (+14 per cent). Year-to-date car sales were also up by a good 14 per cent; in total almost 6 millionnew vehicles have been sold.
New passenger car registrations in Japan fell by just over 5 per centto 292,800 units last month, mostly owing to the hike in VAT at the beginning of April. In the first four months of this year, demand for passenger cars amounted to around 1.9 millionunits and exceeded last year’s result by nearly 16 per cent.
In April the Indian passenger carmarket remained well below last year’s figure, at 188,500 new vehicles (-10 per cent). Year-to-date sales were down by almost 8 per centto 864,100 new cars.
The Russian market for light vehicles contracted byabout 8 per cent in April, with 226,500 vehicles sold. Sales over the first four monthsof the current year totalled 829,000 new vehicles, i.e. nearly 4 per cent down on the same period in 2013.
In Brazil the light vehicle market shrank once again. Last month 280,100 vehicles were newly registered, a drop of almost 12 per cent. This year so far, the volume of new registrations has slumped bynearly 5 per centtoaround 1.1 millionvehicles.
|April 2014||January - April 2014|
|Units||Change 14/13 in %||Units||Change 14/13 in %|
|European Union (EU-28)*||1.089.200||4,6||4.336.000||7,4|
|W. Europe (EU15+EFTA)||1.053.000||3,6||4.181.100||6,3|
|New EU Countries (EU13)*||76.800||12,7||302.000||19,5|