Global car markets in good shape in first half of 2014

August 5, 2014

August 5, 2014

The latest figures reveal that most global automotive markets continued to show growth in the first half of 2014. North American vehicle production moved 4.3% ahead year-on-year to 8.795 million units, of which light vehicle production showed 4% growth to 8.567 million units. In the USA light vehicle production increased by 4.4% to 5.8 million units, Mexico increased by 7.2% to 1.586 million, but Canada saw a small fall of 1.9% to 1.18 million units. Light vehicle sales in the USA expanded by 4% to 8.1 million units in the first six months of 2014.

In Europe (EU28+EFTA), car sales increased by 6.2% in the first half of the year to 6.852 million units, helped by strong sales in the UK (+11%) and Spain (+18%) and more moderate increases in France (+3%), Germany (+2%) and Italy (+4%). Germany, Europe’s largest car producing country, saw production increase by 6% to 2.911 million units in the first six months.

Russia continues to experience a shrinking automotive market with an 8% decline in sales to 1.229 million units compared with the same period last year.

Brazil and India also saw declining sales at 1.584 million units (-7.3%) and 1.290 million units (-3.2%) respectively. However, China reported a rise of 12.1% in passenger car production to 9.708 million year-on-year and an 11.2% rise in car sales to 9.634 million.

Japan saw a 9.1% increase in passenger car production to 4.320 million driven by a 25.6% surge in production of mini-cars (under 660cc) to 1.012 million in the first half of 2014. Domestic demand for new cars in Japan rose by 11% to 2.6 million in the first half year. Korea reported a 2.6% rise in automobile production to 2.243 million units in the six months to end June with exports increasing by just 0.4% to 1.596 million due in the main to a strong Won and weak markets in Eastern Europe.

Subscribe to our FREE e-newsletter

Register to receive our FREE e-newsletter and a complimentary digital subscription to Powder Metallurgy Review magazine:

Your email address:

Useful links: Download PM Review magazine | News headlines | Browse articles 

August 5, 2014

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link