The global automotive market (PC+LCV ) by manufacturer in 2018
- The global automotive market (passenger car and light commercial vehicle) declined by 0.3% in 2018, mainly due to the significant decline in the world's largest market, China. By manufacturer, the Renault-Nissan group (+1.4%) remains the world's leading manufacturer of light vehicles (PC+LCV ), ahead of the Volkswagen (+0.9%) and Toyota (+2%) groups. In 2018, these three manufacturers remained above the 10 million vehicles sold worldwide.
- The two American automakers GM and Ford each lost one million sales in 2018 and continue to lose influence globally. The million sales lost by GM is mainly due to the sale of its Opel/Vauxhall subsidiary to the PSA group. The PSA group (+6.8%) could have increased sales by one million (through the acquisition of Opel/Vauxhall) but its sales in Iran (-21.7%) were impacted by the severe economic sanctions imposed by the United States in 2018. The million sales lost by Ford is mainly due to a 50% drop in China.
- The ranking of the top 14 manufacturers remains the same in 2018 compared to 2017, but from 15th place onwards, there are several changes, particularly concerning Chinese brands which, victims of the overall decline in the Chinese market, are being out-distanced by the Indian group Tata Motors (+15.7%). It should be noted that BAIC (+10.0%) and SAIC (+20.0%) outperformed Chery and BYD (stable).
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