World Sales in 2016: Some Much Better than Others

The Global Light Vehicle market—as in cars and crossovers and trucks and utes—had a solid performance last year according to initial assessments form LMC Automotive.

The Global Light Vehicle market—as in cars and crossovers and trucks and utes—had a solid performance last year according to initial assessments form LMC Automotive.

That is, the firm calculates that the growth was on the order of 4.6 percent compared to 2015 to a total of some 93,248,682 units.

The U.S. certainly contributed to the growth, which, with about 17,539,088 units sold, was an increase of 0.5 percent compared with 2015 sales.

Baojun310

Baojun 310

In West Europe, while the selling rate was lower, at 15,762,991 units, the year-over-year increase was much higher than in the U.S.: 6.3 percent. According to LMC that part of the world hasn’t been this robust in nine years.

Some places showed declines. Like Russia, down 11 percent, Japan down 1.9 percent, and Brazil off nearly 20 percent.

Meanwhile, over in China, things were nothing short of astonishing.

LMC calculates that 27,951,086 light vehicles were sold in China in 2016, which is a 12.3 percent increase compared with 2015.

That is 10,411,998 more vehicles than were sold in the U.S.

Want to know why China is so very popular with every major OEM?

That’s why.