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Tuesday, October 15, 2024

International gentle car gross sales forecast – December 2023 version

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Mild Automobile gross sales (000s) 2021 2022 2023(f) Change -v- prior 12 months Change -v- prior standing (pts) Notes China 24,605.1 24,042.8 25,220.9 4.9% 0.0 IMF 2023 GDP forecast raised to five.4% from 5.0% N. America (US & Canada) 16,720.1 15,380.4 17,041.5 10.8% 1.4 Influence from strikes was restricted and offset by decrease transaction costs and better incentives EU+EFTA+UK 13,798.0 12,937.0 14,838.7 14.7% 0.0 Gross sales development slowing however nonetheless optimistic in November – fifteenth consecutive month of enhance. EU client conf. up in Nov. and December S. America 4,652.0 4,833.0 5,161.6 6.8% 0.0 IMF 2023 GDP forecast raised to 2.3% from 1.9%. Brazil Cons. Conf. edged decrease in Nov. however Mex highest since Feb. 2019 India 3,357.3 3,929.3 4,212.2 7.2% 0.3 November gross sales at document degree Japan 4,361.5 4,121.4 4,578.9 11.1% 1.9 Nov. Cons. Conf. rose, significantly willingness to purchase sturdy items. Asean 2,455.0 2,794.0 2,824.7 1.1% 0.0 Most 2023 GDP forecasts lowered from prior standing. 4 of top-5 LV markets destructive YTD Center East 2,408.4 2,451.8 2,640.6 7.7% 0.0 Demand in Turkey (regional chief) rising strongly regardless of financial background. GDP outlook lowered. RoW ,827.5 7,025.7 7,362.9 4.8% 0.0 80,185.0 77,515.4 83,882.2 8.2% 0.4 Change -3.3% 8.2%  

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