Tag Archives | auto sales

Brazil, Russia, India car sales fall for first time in 10 years

Since 2009, the 4 BRIC nations (Brazil, Russia, India and China) have been the focus of every car manufacturers’ dreams.  Whilst the West worried about ageing populations and its financial crisis, the BRICs seemed to have moved into a new dimension. Today, however, reality is beginning to set in: Auto sales in Brazil (the world’s […]

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“The policy Kings/Queens have no clothes”

There seems almost no need to publish a forecast for 2014.  Policymakers have toured the TV studios to confirm that this is finally the year of recovery.  They admit it may have taken nearly 5 years longer than first expected, and that there have been numerous ‘false dawns’ on the way.  But now, they are certain that […]

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China auto sales could drop if lending squeeze continues

Imagine for a moment that you had become president or premier of China following the leadership transition in March.  You know that the country’s economic model has to change.  But you also know that you have to carefully develop your powerbase, whilst also putting in place new policies. Probably you would take things cautiously at […]

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BMW says “pay to use” models will challenge US auto industry

Major change seems underway in the auto industry, as BMW joins the list of those entering the car-sharing market with its DriveNow electric vehicles.  As BMW’s Tony Douglas noted at their launch: “Our core business in the ’70s was selling cars; in the ’80s, late ’70s came the great innovation of leasing and financing. Now […]

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US auto sales reward agility in spotting opportunities

We are now into the seasonally weaker selling part of the year for US auto markets, as the chart shows.  The big months for volume are always March - August, and then sales slow until December – when manufacturers offer ‘special deals’ to boost their annual numbers. On this basis, October seems to have been a […]

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India’s onion harvest boosts auto sales: Japan’s sales gently decline

The blog’s pre-Budget Outlook review of the major auto markets concludes today with Japan and India.  Together they are 10% of the global market.  But their development is an excellent example of how reality can overtake the wishful thinking of policymakers: Japan (red line) is the larger market.  It has lived through countless government stimulus […]

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US auto market driven by used car sales trends

September wasn’t such a good month for US auto sales, as the chart shows.  It was the first time since May 2011 that sales were below those of the same month in the previous year.  Was this just a blip, explained by the fact that August was strong due to Labor Day being very early in […]

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European auto markets head in a new direction

The European auto market continues at 20-year lows, with sales down 4% in January – September.  Whilst September’s sales appeared stronger, up 5% versus 2012, this was only due to Spain and the UK.  Spain boosted volume by 10k due to a €2.7k ($3.7k) government hand-out for people trading in an older vehicle.  Whilst UK volumes were up 40k due to a credit […]

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China’s auto sales rise as bank lending booms

Autos are now the largest single manufacturing industry in the world.  Not only do they directly and indirectly employ vast numbers of people, but they are also increasingly key to consumer spending.  Thus it is no surprise that governments have tried to increase auto sales since the Crisis began in 2008. China is the prime example of […]

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EU auto sales at lowest-ever level, with average car used only 1 hour per day

Europe goes on holiday during August, so we have to wait – with not quite breathless anticipation – until September to see official ACEA auto sales figures for July and August. Unfortunately, they contained no real surprises.  July (red square) managed a small increase versus 2012 levels (green line), but August sales then fell back […]

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