2018 global auto sales forecast: China's growth rate is about 2%
2018 global auto sales forecast: China's growth rate is about 2%
December 28, 2017
[China paint information]
according to foreign media reports, the German automobile industry association (VDA) predicts that global auto sales in 2018 are expected to increase by 1% to 85.7 million vehicles. European car sales will rise slightly, but the UK and German markets may shrink. The United States is unlikely to rise in 2018. China will continue to maintain its position as the world's largest market in 2018, with an increase of 2% and a sales volume of about 25million vehicles. India, Brazil and Russia are expected to rise further. The sales volume of German automobile brands in the global market is expected to increase, and the number of patents in the field of electric vehicles and automatic driving will also be in the leading position
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2018 global auto sales forecast: China's growth rate is about 2%
2018 global passenger car market forecast
Matthias wissmann, chairman of the German automobile industry association, said that global passenger car sales are expected to increase by 1% next year, taking care of 85.7 million vehicles. The sales volume of newly launched passenger cars is expected to maintain growth in some major global markets, but there may be a certain decline in Western Europe and the United States
European car sales forecast
vda predicts that in 2018, the sales of new passenger cars in Europe will continue the high level of 2017, and the cumulative sales in the EU and EFTA countries are expected to reach 15.6 million
in the Western European auto market, that is, the early EU-15, sales may decline by 1%, just over 14.2 million vehicles. The main reason for the decline in sales may be the poor sales in the UK. According to VDA, new car sales in the UK will decline by 5% in 2018
the sales volume of new cars in Germany is expected to maintain the current level of large water travel, reaching about 3.4 million. The new car market in Germany is likely to decline by 2%
global market forecasts
vda predicts that new cars in the United States in 2018 should be a structurally redundant market for capacity, including traditional passenger cars and light trucks/suvs, which will continue to lack vitality. The decline is expected to reach 2% to 16.8 million vehicles, but this is also a relatively high achievement. According to VDA's prediction, other major markets in the world also continue to grow:
● China will easily maintain its position as the world's largest single market, and the sales growth is expected to reach 2% to 24.6 million vehicles
● the growth rate of India's new car market is expected to reach 10% to 3.6 million, or it will surpass Germany for the first time
● Russia and Brazil will continue to show a recovery trend for the first time, but no specific growth rate is given
German automobile production forecast
vda predicts that an effective treatment method for German automobile products can not only ensure the normal operation of the refrigeration unit, but also effectively regulate the energy consumption and refrigerating capacity of the refrigeration system. The automobile production of the brand will increase by 2% to 16.7 million vehicles
the output in Germany will not change much. It is about 5.6 million vehicles, of which 4.3 million will be supplied for export. The production of German brands abroad will increase by 3% to 11 (rise/fall rate) 100000 vehicles
vda points out that the German automotive industry will continue to maintain its leading position in the field of new technologies. Between 2010 and 2015, one third of the new patents in the field of electric vehicles and hybrid cars came from German brands. Similarly, German parts companies, such as Bosch, also enjoy the highest number of patents in the field of automatic driving
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