Global market balance 9 months 2022
- 说明
Global market balance 9 months 2022
- The global automotive market (PC+LUV) recovers part of its loss in the third quarter of 2022 after two mediocre years, surpassing 2021 levels and approaching 2020 levels.
- It should be recalled that the first half of 2020 (30.4 million sales) had been exceptionally poor due to the Covid 19 crisis (closure of car factories and dealerships), and the second half of 2020 had recovered some of the ground lost in the first half. Therefore, the second half of 2020 had been excellent (41.5 million sales).
- The year 2020 ended with a total of 71.9 million sales (compared to 82.2 million in 2019 and 86.0 million in 2018).
- The year 2021 showed a completely different physiognomy. The first half of the year was excellent (38.9 million sales), as it was a period of continuous catch-up in line with the second half of 2020. The second half of 2021, on the other hand, suffered from the semiconductor crisis (which led to production and delivery delays). Sales volume did not exceed 35.5 million units.
- The year 2021 had ended with a total of 74.4 million vehicles sold.
- The year 2022 continued to suffer from the semiconductor crisis, but to a lesser extent than 2021, with the first half ending with a sales volume of 34.1 million units (a volume that was between 2020 and 2021). The second half of the year seems to present a comparable pace. For example, the third quarter of 2022 recorded 18.5 million sales, compared to 19.7 million in 2020 and 16.8 million in 2021. By the end of September 2022, the global market has still shrunk by 5.6% year-on-year, 85% of which are internal combustion engine vehicles or HEVs, 10% BEVs and 5% PHEVs.
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Market balance Europe 9 months 2022
- 说明
Market balance Europe 9 months 2022
- The European automotive market (PC+LUV) is catching up again after two mediocre years. While the first half of 2022 (6.4 million sales) is worse than the first half of 2021 (7.6 million sales), the third quarter performs as well as the third quarter of 2021 (3.1 million sales).
- In 2020, the European market had experienced one of its worst years since 2013 with 13.8 million sales, with an extremely weak first half of the year (5.9 million units) due to the Covid 19 crisis that led to the closure of car factories and dealers, a figure last recorded decades ago. The second half of 2020 was a catch-up year (7.9 million units).
- In 2021, the first half of the year continued at the same pace as the second half of the year 2020 (7.6 million units), but the second half of 2021 fell behind again (6.2 million units) as it fell victim to the semiconductor crisis.
- The first half of 2022 was on par with the second half of 2021 (6.4 million units). Only a slight improvement emerged in September, when vehicle registrations exceeded those of September 2021 for the first time this year.
- By the end of September 2022, the European market was still down 10% year-on-year, with Italy, France, Belgium, Austria and all Scandinavian countries lagging the most. The distribution by powertrain over this period is as follows: 83% vehicles with combustion engines or HEVs, 10% BEVs and 7% PHEVs.
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Market balance China 9 months 2022
- 说明
Market balance China 9 months 2022
- The Chinese automotive market (PC+LUV) is one of the few major markets to record significantly better sales figures in 2022 than in 2020 and 2021, especially from the third quarter onwards.
- The third quarter of 2022 shows a sales volume of 6.6 million units, compared to 4.9 million units in the third quarter of 2021 and 5.5 million units in the third quarter of 2020, representing an increase of 35% in 2022 compared to 2021 and 20% compared to 2020.
- The year 2020, as in other countries, had been marked by the Covid 19 crisis, which led to the closure of car factories and dealers, causing the market to decline by 6% compared to 2019.
- The first half of 2020 had shown an extremely low number for China, with 7.8 million sales, which was partially made up by a decent second half (12.4 million units), with the full-year figure reaching 20.2 million units.
- The year 2021 was a catch-up year, pretty much matching the pace of the second half of 2020 (21.5 million units, including 10.0 million in the first half and 11.5 million in the second half).
- In the first half of 2022, this pace continued, interrupted by a temporary return of the Covid 19 crisis in April, resulting in a sales volume of 10.3 million in that half, roughly the same as in the first half of 2021.
- By the end of September 2022, the Chinese market grew 14.5% year-on-year, with 74% of vehicles being internal combustion engine or HEVs, 20% BEVs and 6% PHEVs.
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Market balance USA 9 months 2022
- 说明
Market balance USA 9 months 2022
- After two very weak years in 2020 and 2021, the US automotive market (PC+LUV) is catching up in the second half of 2022, albeit only very modestly.
- For example, the third quarter of 2022 shows a sales volume of 3.5 million units, compared to 3.4 million units in 2021 and 3.9 million units in 2020.
- In 2020, the U.S. market recorded a volume of 14.5 million vehicles, with 6.4 million units in the first half of the year and 8.1 million units in the second half. The first half of the year had been severely affected by the Covid 19 crisis (closure of factories and car dealerships), which is why the first half of 2020 was so poor. As for the second half, sales missed in the first half were made up.
- In 2021, the U.S. market recorded a volume of 15.1 million vehicles, with 8.3 million units in the first half of the year and 6.8 million units in the second half, as this period was affected by the semiconductor crisis, which caused a delay in the production and delivery of models. The second half of 2021 was therefore much lower in volume terms than the second half of 2020.
- The first half of 2022 continued the pace of the second half of 2021 (6.8 million sales).
- In the first nine months of 2022, the U.S. market is down 12.7% compared to the first nine months of 2021. 93% of these are internal combustion engine vehicles or HEVs, 6% BEVs and 1% PHEVs.
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Market balance Japan 9 months 2022
- 说明
Market balance Japan 9 months 2022
- The Japanese automotive market (PC+LUV) recorded very similar registration volumes in 2020, 2021 and 2022, despite the Covid 19 and semiconductor crises. It seems that Japanese manufacturers suffered less from the semiconductor crisis than European and American manufacturers.
- In 2020, the registration volume reached 4.6 million units and 4.4 million units in 2021, so the impact of the crises was very small. However, a slight decline of 5% can be observed between 2020 and 2021.
- The first half of 2020 accounted for 2.2 million units and the second half for 2.4 million units.
- The first half of 2021 included 2.4 million units and the second half included 2.0 million units, with the second half weakening between September and December.
- The first half of 2022 accounted for 2.1 million units, slightly less than in 2020 and 2021, but the third quarter returned to 2021 levels at 1.0 million units, compared with 1.2 million units in the third quarter of 2020.
- The year could end with a volume of 4.2 million sales, which would represent a further decline of 5%, although the Japanese market will record a decline of 10% in the first nine months of 2022, in line with the decline in Europe and lower than the decline in the U.S. (-12.7%). During this period, 98% will be accounted for by vehicles with internal combustion engines or HEVs, 1% by BEVs and 1% by PHEVs.
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