| 6:50 AM EST

World Sales in 2016: Some Much Better than Others

The Global Light Vehicle market—as in cars and crossovers and trucks and utes—had a solid performance last year according to initial assessments form LMC Automotive.
#Baojun #oem

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

The Global Light Vehicle market—as in cars and crossovers and trucks and utes—had a solid performance last year according to initial assessments form LMC Automotive.

That is, the firm calculates that the growth was on the order of 4.6 percent compared to 2015 to a total of some 93,248,682 units.

The U.S. certainly contributed to the growth, which, with about 17,539,088 units sold, was an increase of 0.5 percent compared with 2015 sales.

Baojun310

Baojun 310

In West Europe, while the selling rate was lower, at 15,762,991 units, the year-over-year increase was much higher than in the U.S.: 6.3 percent. According to LMC that part of the world hasn’t been this robust in nine years.

Some places showed declines. Like Russia, down 11 percent, Japan down 1.9 percent, and Brazil off nearly 20 percent.

Meanwhile, over in China, things were nothing short of astonishing.

LMC calculates that 27,951,086 light vehicles were sold in China in 2016, which is a 12.3 percent increase compared with 2015.

That is 10,411,998 more vehicles than were sold in the U.S.

Want to know why China is so very popular with every major OEM?

That’s why.

Related Topics

RELATED CONTENT

  • Developing the 2019 Toyota RAV4

    Outside of a pickup truck, there is no vehicle that’s sold in greater units than the Toyota RAV4. So when they developed the new generation, they had a whole lot to consider.

  • Insight: The Toyota Product Development System’s Implementation Challenges

    For conducting business in the U.S. market, Toyota has historically had several separate business entities: a sales and distribution company headquartered in California (Toyota Motor Sales, USA); manufacturing operations (Toyota Motor Manufacturing North America); a racing subsidiary (Toyota Racing Development, USA); the Toyota Technical Center for R&D in Ann Arbor; and a design facility in California (Calty Design Research, Inc.). On April 1, 2006, Toyota merged its R&D operations and its manufacturing operations into a single company.

  • Hyundai’s Value Proposition

    The previous-generation Hyundai Elantra (2010 to 2015) had the edgy Fluidic Sculpture design forming its sheet metal; it’s bigger brethren, the Sonata, was more visible in this regard, though the smaller size of the Elantra gave the skin a greater tautness than was the case on the Sonata.