Production forecasts in the USA in 2016 (PC + LCV)
- Since 2009, automobile production in USA has risen steadily, reaching 12.2 million units in 2015, a level already achieved in 2005. This increase in US production has supported the uninterrupted growth of the US market since 2009.
- In 2016, Inovev remains cautious, because on one hand, the US market is expected to slow down after several years of strong growth that have actually caught up with the sales lost since 2005, and secondly,the US market now benefits Mexican production more than it benefits production in the US, since car production in Mexico has more than doubled between 2005 and 2015, while at the same time, US production has not increased.
- Finally, American brand vehicles (initially Buick models) will begin to be exported from China to the United States,from spring 2016, which will have a negative impact on US production. The new strategy of the GM group is encouraged by Chinese authorities who observe with great concern the decline in car exports from China (-20% in 2015 and even -30% in the first two months of 2016).
- Result of these three parameters,Inovev expects a stabilization or slight decline in US production in 2016 compared to 2015.It should therefore record a volume of about 12 million units, little different from the volume recorded in 2015.
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