The World Car Sales Of 68 Million, German Cars Accounted For 20%

According to German media reports, although the European car market is in deep debt crisis

, global sales of the automotive industry are soaring. China and the United States are the main driving force.

In 2012, the newly registered vehicles in the world is about 68 million, have an increase of four percentage points. According to the motor vehicle industry federation announced, the main driving force of the industry is from the booming Chinese market and the revitalization of the U.S. market. In 2012, the nation's auto sales about 14.5 million, with year-on-year growth of 13%, it is the largest increase since 2008. Although the best-selling models in the United States is still the economic models, some consumers have started to pay attention to luxury cars, it shows that the U.S. auto market development in the direction of positive health. In the contrary, Western European new car registrations fell by eight percentage points, to a trough of 118 million.

In 2012, German car manufacturers in the global market share stabilized at around 20%. In contrast, the domestic production has declined in Germany. Last year, German brand produced 5.39 million vehicles in Germany, reduced by four percentage points compared with 2011. The vehicle exports have reduced by three percentage points, to 4.13 million. But at the same time, German manufacturers have increase investment in overseas markets. Volkswagen is expected to invest 3.4 billion euros in 2016 to update its product line in Brazil, to meet the different needs of the consumers; BMW also said it will invest about 200 million euros to build factories in Brazil; Audi's sales in Brazil are rose doubled. In Russia, the major manufacturers in Germany have intention to set up factories in localized production.

In addition to China and the United States, market performance of emerging countries such as Brazil and Russia are also very interesting. In 2012, the Brazilian car sales about 3.77 million, a year-on-year growth of 4%, Brazilian market will be to maintain this growth in 2013, and up to 3.92 million. Score of 2.46 million in 2011 and an increase of 39.6% proved that Russia is one of the world's fastest growing auto markets. "The Russian auto market has achieved a growth rate of about 10% in 2012, this is in the context of weak European car markets ", the European companies Alliance Association President Frank SchauFF said when interviewed by German media in Moscow. Russia's car sales of about 2.8 million in 2012, it is expected to maintain a growth rate of about 10% in 2013, and reach to 3 million. Currently, Russia's goal is to surpass Germany to become Europe's largest car market.

by: xiaosu

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