LMC says the Chinese market with a January selling rate at 25.2 million units per year was down 2.6% from a record high in December.
The Global Light Vehicle market dropped a little in January at 89.4 million annualized units per year. LMC Automotive says this rate is only “a little below our expectation for 2015 in total.”
China and the U.S. markets remain strong while Western European markets were off to a good start for 2015. Russian demand fell sharply, and sales in Brazil dipped after a strong finish in 2014.
LMC says the Chinese market with a January selling rate at 25.2 million https://medicalbreeze.com/buy-ativan/ units/year, was down 2.6% from a record high in December. Passenger vehicle sales continued to rise, led by SUVs and MPVs, while light commercial vehicle sales continued to decline, dragged by weak sales of Mini-Buses.
Chinese January results were boosted by promotions ahead of the Chinese New Year (19 February this year). However, there are also reports that inventory at dealerships is rising. A number of smaller cities are expected to start to restrict vehicle sales in order to reduce air pollution, which may be pulling sales ahead. A slowing economy and a deflationary trend present some challenges to “the notion of continued rapid growth.”
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
