The global market growth over the first 5 months of 2016
- The global market (PC + LUV) rose 3% over the first five months in 2016 (first five cumulated months of 2016 compared to the first five cumulated months of 2015).
The growth, twice as big as that recorded in 2015 (+ 1.5% compared to 2014), is particularly due to:
The growth, twice as big as that recorded in 2015 (+ 1.5% compared to 2014), is particularly due to:
§an acceleration of the Chinese market (+ 6.5%) which still benefits from the 50% tax reduction on small cars.
§a European market growth (+ 10.0%), catching up some of the ground lost between 2008 and 2013.
§the market growth in India (+ 7.2%), Korea (+ 7.6%), Canada (+ 5.8%) and Mexico (+ 17.0%).
All these countries have benefited from favourable economic conditions.
All these countries have benefited from favourable economic conditions.
§the improvement of Argentine (+ 13.1%) and Ukraine (+ 54.6%) markets, that manage to record a positive year.
- Conversely, some major markets displayed a worse performance in 2016 than in 2015:
§US (+ 1.2%) and Turkey (+ 0.3%) markets which gradually tend to flat sales.
§the Brazilian market (-27.2%) which sinks deeper and deeper into crisis due to very weak economic conditions.
- Some markets, albeit still down, are experiencing a slight improvement.
This is the case of the Japanese (-4.8%) and Russian (14.6%) markets that have reduced their decline from 2015.
This is the case of the Japanese (-4.8%) and Russian (14.6%) markets that have reduced their decline from 2015.
- In total, these thirteen markets account for 86% of global sales in the first five months of 2016.
Their market share has not changed compared to last year.
Their market share has not changed compared to last year.
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