Cars
Polk Gives us a Peak at Vehicle Density in Emerging Markets
According to Polk, an automotive statistics website, one of the key performance indicators of a maturing auto market is the number of cars per 1,000 people or the nation’s “vehicle densityâ€. Ten years ago in the U.S., for instance, it was 453 vehicles per 1,000 people. What with the global financial crisis and high fuel prices resulting in many people selling their cars, this has now dropped to 419 per 1,000 and is expected to continue its decline to 414 per 1,000 by 2015. In the increasingly economically developed BRIC countries, that is Brazil, Russia, India and China, it’s not as dense but it is emerging. In Russia, for example, it’s 235 vehicles per 1,000. In India and China, it’s more like 27 vehicles per 1,000. Though consider this: with populations topping 1.6 and 1.3 billion respectively, 27 vehicles per 1,000 would be more like 100 vehicles or plus per 1,000 if those nations had population numbers equaling the United States.
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Polk Estimates Global Vehicle Sales To Reach 77.7 Million Units In 2012, And 96.3 Million In 2016
The analyst gurus at R. L. Polk & Co have issued a new forecast for global vehicle sales in 2012. The automotive market intelligence firm predicts that sales are expected to rise 6.7 percent over 2011 volumes to 77.7 million vehicles, thanks to the...
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Vw Group Sales Up 2.9% During The First 10 Months Of 2008
In spite of the global slowdown, the Volkswagen Group managed to deliver a total of 5.29 million vehicles to customers worldwide during the first ten months of 2008, up 2.8% from the same period a year earlier. In the month of October, the Group sold...
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Skoda Reports 23% Increase In Worldwide Sales In April
Continuing its positive growth trend, VW’s Czech subsidiary Skoda sold 63,726 vehicles worldwide in April recording a 23.3% increase on the same period last year. In the first four months of the year, Skoda sold 237,200 cars, up 17.7% on January-April...
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Gm’s Q1 Global Sales 1% Down At 2.25 Million Vehicles
The General announced that it sold 2.25 million cars and trucks around the world in the first quarter of 2008, down less than one percent compared to the previous period. Strong first quarter sales in GM's Latin America, Africa and Middle East and...
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China & India - Asian Markets Rising
India has a population of over 1.1 billion people. China possesses about one-fifth of the world's population, at about 1.3 billion people. Therein lies over one-third of the world's brainpower; over one-third of the world's appetite; and over...
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