World vehicle sales up 4.6% in September 2017

News
October 31, 2017

October 31, 2017

World Vehicle Sales by region, September 2017 (Image WardsAuto)

WardsAuto has reported that automakers delivered 8.71 million vehicles worldwide in September 2017, a 4.6% increase from the same month in 2016.

Sales were said to be strong in North America, up 5.0% to 1.86 million, thanks to a 6.2% boost from the US to 1.55 million. Demand in Canada grew 7.7% to 191,000 units, a record September total, and was up 5.4% year-to-date. Mexico sales slid 11.5% below last year’s September record to 120,000 units. Major earthquakes in the capital were said to be partly to blame for the decrease.

North America ended the third quarter 1.1% behind same-period 2016 with 15.86 million vehicles, stated WardsAuto.

Europe sales were reported flat with 1.94 million in September. Most countries saw improvement, including Italy (+7.2%), Russia (+14.9%) and Spain (+5.2), but sales in the top two countries were down. Weak consumer confidence in the UK pulled sales down 8.5% to 490,000 vehicles and deliveries in Germany dipped 2.6% to 318,000 units in September.

With 15.72 million vehicles sold through September, Europe outpaced 2016 figures by 3.8%. Though gradually improving, sales have yet to exceed pre-recession 2007 and 2008 levels of over 16 million.

In the Asia-Pacific region, sales improved 5.7% to 4.18 million for the month. China again was reported to be the driver of growth, jumping 5.7% to 2.71 million deliveries. Adding more than 900,000 vehicles to last year’s nine-month total, sales reached 20.22 million.

Despite rising tensions with the North, South Korea sales soared 19.5% to 154,000 units and improved 1.4% year-to-date. WardsAuto added that Japan (+3.9%), India (+13.8%) and Thailand (+21.9%) also saw big gains.

Finishing the third quarter, Asia-Pacific sales totalled 32.49 million, a 4.6% increase year-over-year and double the nine-month tally 10 years ago.

Large gains also were seen in South America, rising 17.5% to 356,000 units for the month. Sales in Brazil rose 24.5% to 199,000 units and improved 7.3% year-to-date. Argentina deliveries were 14.3% higher than last September and soared 28.5% beyond nine-month 2016.

The South America tally through the third quarter was reported to be 12.3% higher than 2016, with 2.94 million sales.

www.wardsauto.com

 

 

News
October 31, 2017

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