Demand in Asia/Europe drove global car sales higher in 2016

5.6% jump with 84.24 million sales across 52 markets last year…

Demand in Asia/Europe drove global car sales higher in 2016

Stronger demand for new vehicles in Asia, particularly China, and Europe helped drive the car industry ahead by 5.6% last year.

Analysis by JATO Dynamics of sales data from 52 markets found 84.24 million units were sold in 2016.

“Despite the hurdles faced by the automotive industry last year, an increase in registrations of 5.6% shows the sector’s resilience,” said Felipe Munoz, JATO’s Global Analyst

“The growth shows that the declines in Japan, Russia and Brazil were offset by strong results in China and Europe.”

Demand in Asia/Europe drove global car sales higher in 2016Toyota maintained its leading position as the world’s most popular car brand, despite losing ground in the US and China.

The Ford F-Series was the top-selling model.

About Joel Helmes 3227 Articles
Joel is the founder and CEO of Behind the Wheel. Joel has a background as a radio broadcaster with on-air roles at 4BC, 4KQ, 2KY, 2LT and 2UE amongst others, as well as a news editor and program director.Joel’s relationship with cars stems back to his early childhood learning to change oil and brakes with his father and uncle. This continued on into his driving years owning an assorted collection of cars.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


UA-105840-15