|
BRIC
AID
EXCLUSIVE |
![]() Apart from China and the US, there were few notable other bright spots on the industry’s global car sales radar. The way things stand at present, of the BRIC region’s four pillars of strength, no fewer than three were subjected to a major wobble. Disappointing for all concerned, last year’s new car sales in India, which was earlier singled out as one of the world’s fastest gaining new car markets, the worst may have been averted. But last year’s 2.5 per cent sales gain to 1.85 million passenger cars, is hardly anything to write home about. Put into proper perspective, last year’s car sales turnout in India directly compares with almost 2.5m new car sales in last year’s rejuvenated British market, which also stands out as the only notable bright spot in Western Europe. Brazil’s and Russia’s car markets thrown back into reverse Just like BRIC member India, so far at least Brazil has evidently failed to turn into the widely expected blockbuster car market. Instead, Brazil’s economy caught a cold and the autoindustry’s bigwigs are faced by a country that has suddenly lost a great deal of steam...more > Europe’s November car sales pace slows to a trickle 11 December 2014 > West Europe’s car sales train regains momentum in October 11 November 2014
DATA
AVAILABLE
TO SUBSCRIBERS WITH THIS ARTICLE:
|
|
|
To continue reading this article, please register for a free sample without obligation... Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter. |