Global new passenger car sales rise in Sept in key production regions
Mark Victory
14-Oct-2016
LONDON (ICIS)–Global new-passenger car sales rose in September across the key auto-producing markets of China, Japan, the US, Brazil, and the EU and EFTA, ICIS analysis showed on Friday.
Date |
EU + EFTA |
US |
China |
Japan |
Brazil |
Total |
Sep-16 |
1,496,206 |
575,114 |
2,268,000 |
396,905 |
129,688 |
4,865,913 |
Sep-15 |
1,394,734 |
619,112 |
1,751,200 |
399,758 |
166,358 |
4,331,162 |
Jan-September 16 |
11,607,266 |
5,429,943 |
16,752,000 |
3,157,096 |
1,299,543 |
38,245,848 |
Jan-September 15 |
10,766,740 |
5,917,605 |
14,547,800 |
3,278,788 |
1,602,112 |
36,113,045 |
Rises in sales were predominantly the result of strong increases in the EU and in China, which overturned falls in the other regions.
Sales were also up in the first nine months of 2016, compared to the same period in 2015, which was again largely driven by China sales.
Nevertheless, stripping out China shows a fall in year-to-date auto sales. China sales figures are reported as deliveries to dealerships rather than end-users, skewering underlying demand.
Date |
EU + EFTA |
US |
Japan |
Brazil |
Total |
Sep-16 |
1,496,206 |
575,114 |
396,905 |
129,688 |
2,597,913 |
Sep-15 |
1,394,734 |
619,112 |
399,758 |
166,358 |
2,579,962 |
Jan-September 16 |
11,607,266 |
5,429,943 |
3,157,096 |
1,299,543 |
21,493,848 |
Jan-September 15 |
10,776,740 |
5,917,605 |
3,278,788 |
1,602,112 |
21,575,245 |
Sales in China have largely been driven by dealer discounts amid fierce competition and Government stimulus measures which are due to expire at the end of 2016.
The automotive industry is a
major global consumer of petrochemicals which contributes
more than a third of the raw material costs of an average
vehicle. ICIS tracks the movement of petrochemical raw
material costs in auto production both globally and
regionally with the weighted ICIS Basket of Automotive
Petrochemicals (IBAP).
ICIS produces a monthly Global Automotive report
covering the major automotive chemicals
markets, the auto-industry, the IBAPs and
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