World vehicle sales up 4.6% in May

July 6, 2016

World vehicle sales up 4.6% in May

 

Global automakers delivered 7.56 million vehicles in May 2016 according to Wards Auto, representing a 4.6% increase in the same period last year. Worldwide, sales were up 3.8% for the first five months of the year, with a total of 37.76 million vehicles sold.

The report stated that May sales in Europe rose 12.5% with 1.75 million units. Gains in France (+23.2%) and Italy (+28.0%) helped the region reach its highest May total since 2011.

The Asia-Pacific region witnessed an 8.1% year-over-year improvement, with 3.53 million deliveries. Despite the start of the rainy season, sales soared 15.9% in Thailand and 32.8% in Vietnam. After a small rise in April, Japan’s total slipped 1.2% below year-ago to 332,000 units.

In China, sales improved 10.0% to 2.09 million vehicles. Chinese brands grew their share of passenger-vehicle sales by 12.9% to clench 40% of the market. GM and its joint ventures reported a May record of 295,282 sales in China, citing increased demand for Buick, Cadillac and Baojun brands.

Year-to-date, the Asia-Pacific region’s total grew 5.2% to 18.56 million sales. Without the boost from market giant China, the region was up 1.7% over same-period 2015.

South America sales continued to shrink below last year’s levels, falling 11.9% to 310,000 vehicles in May. In the first five months of the year, South America sales dropped 18% on 2015 figures, with a total of 1.5 million units.

In North America, increased demand in Mexico (+19.4%) was not enough to balance low sales in the U.S. (-6.1%) and Canada (-1.6%). The region’s total fell 4.3% below last year to 1.89 million vehicles. In the first five months of the year some 8.68 million vehicles have been sold in the region, outpacing the same period of 2015 by 2.4%.

www.wardsauto.com

In the latest issue of PM Review…

Download PDF

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

  • Powder Metallurgy’s challenge: How does automotive’s reliance on model-based decision making impact our industry?
  • How to make metal powders. Part 4: Centrifugal and other special atomisation methods
  • Precision and energy efficiency in PM press technology: Insights from Ceramitec 2022
  • Historic traditions and new innovations: refractory metals and hard materials at the 20th Plansee Seminar
  • Tailoring a speciality alloy for Additive Manufacturing: From powder production to parameter optimisation
  • Understanding the compaction and sintering effects of four commonly used lubricants in Powder Metallurgy

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

From the industry…

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
Download PDF
Share via
Copy link