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Global Car Industry. The Ranking of Top countries in 2020

World Car Market in April 2020 suffered from the Coronavirus outbreak. Indeed, anti-Covid-19 national lockdown measures dragged registrations down 43.2% in April at 3.853.457, leading Year to Date April figures to 20.308.631 (-26,9%).Global Market TrendThe Global Light Vehicles (cars+lcvs) market grown uninterruptedly from 2010 to 2017, recovering from the sales drop consequent to the 2008 financial crisis, which hit dramatically the market, in particular in North America and Europe. Moreover, since 2012 the market established a new all-time record each year.The best level was achieved in 2017, with 89.7 million new vehicles registered in the World. The 2010-2017 growth (+20 million units) was driven by the boost of the Chinese market and by the recovery on the US market, which grew up 70% from the negative peak hit in 2010.In 2018, the Chinese market declined, due to the new government policy which penalized the diesel/petrol-fueled vehicles in order to incentivize the replacement with electric vehicles. Meanwhile, US (but even other regions, like Europe) had lost the propulsion and started moving horizontally. Indeed, in 2018 the market declined at 88.9 million units.Despite the introduction of “green” incentive scheme will help the development of this sector, the average vehicles price destiny is to grow substantially and more than the purchasing power. As a result, new vehicles demand will be constrained, reducing the global market volume.The first proof of this scenario designed by our Research Team was already in the 2019 figures, with the global market ending at 85 million sales, down 4.2% from the previous year.At the beginning of 2020, the market was reporting an already negative trend – down 9.1% in January – but the Coronavirus outbreak has severely hit registrations in the following months. Indeed, as China was in the middle of the pandemic, car sales dropped down 13.2% in February with Year to Date February sales at 11.067.754.As the Covid-19 started to spread all around the World, several European countries imposed lockdown measures from mid-March, freezing car dealerships activities and leading the vehicle market to close the first quarter to 16.455.174 (-21.6%). Italy and France were the most damaged countries in Europe, with registrations losing respectively 35.2% and 33.3% in March.In April, the market kept worsening – as numerous countries entered into a full shutdown through the month – reporting a 43.2% drop with 3.853.457 sales, leading Year to Date April figures to 20.308.631, down 26,9% from last year.In the table below, data for the models between 11th and 50th place are hidden. Wishing to know more, please contact us.Data SourceThis report is done utilizing data extracted from our GAD (Global Auto Database) the wider Auto Sales Database actually existing in the World, with sales data by region/area/country broken down by type/size/body-style/brand/model from January 2010 to the last month. Data are collected by over 300 sources, including all the official providers (local Minister of Transportations or Associations of car Manufacturers).Service SolutionsSince 2010, focus2move.com is a specialist in the automotive industry tracking monthly sales for all brands and models in the widest in the World range of countries, actually over 150. From this huge database we can extract data sorted under your own conditions and deliver historical data in excel. If you like to receive historical data or to subscribe at monthly update, contact us at [email protected] and we will arrange a short video call. By showing you our database and segmentation, we can find together the best solutions for your team.CopyrightLet us remember to all the several global media and bloggers feeding from our articles for their publications, to quote and link us to not infringe our copyright and respect our job on collecting and provide for free so many data. Thank you!This content is for members only. Visit the site and log in/register to read.

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