Hi data for auto sales in world’s top 7 markets is confirming my suggestion last October that global auto sales had reached their “top of the mountain moment“. Total volume was down 2.1% versus 2014, with sales in Russia and Brazil showing major downturns. As the chart shows, the sales decline is focused on the […]
Tag Archives | Brazil
Bill White’s important critique of the policies being followed by his former central bank colleagues echoes his warnings before the 2008 Crisis. One of his key points is that they have focused on manipulating the value of financial assets, ratehr than on developments in the real economy: “The price of financial assets, just think of Bunds […]
Its hard to be optimistic about the outlook for the global auto market. The chart above of the Top 7 markets, which account for around 2/3rds of global sales, highlights the growing uncertainty. It shows Q1 sales in 2015 (blue column) versus 2014 (blue). Overall, these were up just 1.9% at 15.8m. And although the […]
Q1 showed little sign of improvement in the world’s second-tier auto markets – Brazil, Russia, India, Japan. In total, their sales used to equal those of the EU, the world’s 3rd largest market. But Q1 volumes saw a 16% decline versus 2014 levels, as the chart shows: Japan’s sales were boosted in 2014 (blue column) by buying ahead […]
The blog’s 6-monthly review of global stock markets highlights the narrow nature of the advance since September 2008, when the blog first began analysing developments. It shows their performance since the pre-Crisis peak for each market, and the performance of the US 30-year Treasury bond. Remarkably, only the US, India, Germany and the UK stock markets […]
Car sales in Japan, Russia, Brazil and India currently account for just under 1 in 5 of global sales. Their market share peaked at 21% in 2008, but is today back at 2005′s level of 17%. As the chart shows, it has been a roller-coaster ride for all of them: Japan’s 4.7m sales were 10% of the global total […]
Trade data for net US PVC exports seems to be trying to tell us something very important about the current state of the global economy. As the chart shows, based on data from Global Trade Information Services: Net exports failed to grow in 2013 (red column) versus 2012 (black) and were only up 2% versus 2011 […]
Autos remain the world’s largest manufacturing industry, and the single biggest source of demand for chemicals and plastics. According to detailed analysis by the American Chemistry Council, each new US auto is worth $3,539 in terms of sales – and involves a wide range of products including antifreeze, plastic dashboards, bumpers and windows, as well as upholstery […]
China’s auto sales moved past Europe’s in 2010, and are now close to US levels. But even China is not expected to maintain this surge in 2014. As the chart above shows, sales soared in the past few months (red line) versus 2012 (green). But as the automotive association explains, this was mainly because: “Panic consumption over […]
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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Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry.
The aim of this blog is to share ideas about the influences that may shape the chemical industry over the next 12 – 18 months. It will try to look behind today’s headlines, to understand what may happen next in important issues such oil prices, economic growth and the environment. We may also have some fun, investigating a few of the more offbeat events that take place from time to time. Please do join me and share your thoughts.
Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.