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Emerging economies new Auto sales slowdown in 2014

New Auto sales had continued high growth in emerging economies is suffering from "brakes." Compared with an increase of nearly 14% in 2013, the world's largest market for new car sales in China in 2014 suddenly changed circumstances, is expected to slow to about 5%. Similarly, new car sales in Brazil, Russia is expected to decline by about 10%, while Thailand will drop by nearly 40 percent. The current economic and political situation is disturbing background factors emerging economies sluggish new car sales. Emerging market economies open up once again become a major issue States auto companies.

2014, global car sales are expected to increase by about 2%, an increase of 4% in 2013 compared to almost halved, the lowest level since 2009.

Accounting for about 25% of the global market share in China, the impact of the economic slowdown, car sales in August 2014 after been stagnant; September and October car sales growth were hovering around 2%, almost certainly 2014 annual new car sales growth will slow to around 5%.

Brazil, the world's fourth largest market, affected by the economic downturn, 1 to October 2014 new car sales fell by 9%. Brazilian banks to limit the admissibility of car loans, while rising interest rates also constitute a blow. And as the world's sixth-largest auto market, new car sales in India in October 2014 fell by 7%, for the first time after a lapse of five months of negative growth.

2014, emerging economies face political factors also played a negative impact. Due to the crisis triggered by the US and European sanctions against Ukraine, the Russian economy in the doldrums, its 1 October 2014 new car sales fell 13 percent, while the military coup in Thailand from January to September sales fell sharply by 37%. In addition, in 2013 a 10% increase in Indonesia, in September 2014 and October car sales were negative growth. Indonesia's new president Djoko announced a substantial increase in gasoline prices, one of the factors weighed on car sales.

On the other hand, the strong performance in developed markets. US car sales in October rose 6.1 percent, a 10-year record of history over the same period. 2014 is likely to sell 16.5 million, reaching the highest level in eight years. And despite the economic downturn in Europe appear to expand, but new car sales in 2014 will also be the first time in three years is estimated to positive growth.

The strong performance in North America and the yen effect will make up Japan car prices in Japan, Thailand and other regions of the performance of the doldrums. However, the first step in the Chinese market, GM and Volkswagen of America sharp slowdown in sales recently. Nissan will also be sold in China is expected to cut about 10 percent, a slight increase in adjusted year, Mitsubishi Motors will be sold in Asia in fiscal year 2014 plan based on the predicted value of the initial 13 percent cut, Honda plans to Thailand's new plant began operations postponed at least six months.

Even so, there are still a lot of view, continue to pull the global automotive market will be steady population growth in emerging market economies. Chinese companies Sumitomo Mitsui Banking Investigation Department, said, "Although the slowdown, but China is expected to increase more than 1 million per year."