In June, sales in the global car market decreased by 18%

In June, sales in the global car market decreased by 18%

July 19, 2020 0 By autotimesnews

The Chinese car market became the absolute leader in the world last month. It should be noted that some markets have already begun to recover from the coronavirus epidemic.

Experts of the analytical agency shared data on the volume of sales of new cars in the world in June 2020. In total, according to the results of last month, 6 million 364 thousand new cars were sold, which is 18.1% less than last year’s figure for the same period. If we talk about the first half of the year, the results here are even more disappointing – in the period from the beginning of January to the end of June, car dealers in total were able to sell 32 million 609 thousand new cars – “minus” 27.7%.

China became the absolute leader of the world car market in June, where 2 million 186 thousand new cars were sold. Thus, the share of China in June was 33% of total sales, and compared to last year, the number of cars sold increased by 6%. The second place is occupied by the US market with the result of 1 million 113 thousand copies (-26.2%).

The countries of Western Europe showed similar dynamics – in general, 1 million 135 thousand cars were sold here, and the decrease in demand was 26.7%. At the same time, in some regions, demand has almost completely recovered, and in some countries we continue to observe a 30-40% decline in sales.

Residents of Eastern Europe last month purchased 172.1 thousand new cars (-8.6%). Note South America with 157.7 thousand units. – this region showed the worst dynamics – “minus” 36.6%.

This is due to the fact that South America is now one of the epicenters of the spread of coronavirus infection. Sales of new cars in Japan amounted to 342.6 thousand units. and decreased by 22.8%, but the South Korean market grew sharply by 42.5% and reached a volume of 202 thousand copies.