Car sales, which have plummeted since the Corona outbreak spread to all Asian, European and American countries, have improved in recent weeks, pulling the car market out of recession to some extent.
Khodrocar - A study of car sales figures in various countries shows that the situation in the car market has improved. It is said that Japan's economy has moved away from its unprecedented recession in the fourth quarter and car sales in this country in October grew at the fastest pace in 8 years. The Japanese Auto Dealers Association said vehicle sales, one of Japan's first monthly economic indicators, rose 31.6 percent from a year earlier, partly due to a 26.4 percent drop a few months ago after sales taxes rose sharply.
Not only are automakers reportedly resuming production, but many Japanese households have extra money to spend thanks to government coronary aid, which has also affected the car market.
Meanwhile, statistics show that demand for cars in Europe also increased slightly in September, which marks the first growth of the industry this year, and this indicates the beginning of an improvement in the car market in some European countries where cases of Corona virus. They are reported lower.
In September, the demand for cars increased by 1.1% compared to September last year, reaching 1.3 million units in the European Union and the United Kingdom. However, the five major car markets in Europe had different results. Spain, Britain and France reported declining demand, while demand for cars rose in Germany and Italy.
Meanwhile, the German Automobile Industry Association said September was the first month in more than two years that passenger car sales had grown simultaneously in the United States, Europe and China over the same month last year.
The corona virus pandemic and measures taken to limit its prevalence continue to affect international car manufacturers, and all markets remain below pre-pandemic levels. According to the data, so far in the three major car markets of the world, the United States, Europe and China, 7.8 million cars have been sold less than the same period last year.
The situation in Asia is also improving, with passenger car sales in China jumping more than any other market in September, up 8% to 2.1 million. This is the second consecutive month of car sales growth in China, bringing total car sales to 13.1 million.
In the United States, car sales grew for the first time since February, jumping 6 percent from last year to 1.3 million units.
Market analysts believe that although the outbreak of the Corona virus continues, thanks to government support and payments made to households, it has created additional income for them, which has led to an increase in demand for new cars. However, car use has still declined dramatically due to restrictions and reduced travel.
Not only are automakers reportedly resuming production, but many Japanese households have extra money to spend thanks to government coronary aid, which has also affected the car market.
Meanwhile, statistics show that demand for cars in Europe also increased slightly in September, which marks the first growth of the industry this year, and this indicates the beginning of an improvement in the car market in some European countries where cases of Corona virus. They are reported lower.
In September, the demand for cars increased by 1.1% compared to September last year, reaching 1.3 million units in the European Union and the United Kingdom. However, the five major car markets in Europe had different results. Spain, Britain and France reported declining demand, while demand for cars rose in Germany and Italy.
Meanwhile, the German Automobile Industry Association said September was the first month in more than two years that passenger car sales had grown simultaneously in the United States, Europe and China over the same month last year.
The corona virus pandemic and measures taken to limit its prevalence continue to affect international car manufacturers, and all markets remain below pre-pandemic levels. According to the data, so far in the three major car markets of the world, the United States, Europe and China, 7.8 million cars have been sold less than the same period last year.
The situation in Asia is also improving, with passenger car sales in China jumping more than any other market in September, up 8% to 2.1 million. This is the second consecutive month of car sales growth in China, bringing total car sales to 13.1 million.
In the United States, car sales grew for the first time since February, jumping 6 percent from last year to 1.3 million units.
Market analysts believe that although the outbreak of the Corona virus continues, thanks to government support and payments made to households, it has created additional income for them, which has led to an increase in demand for new cars. However, car use has still declined dramatically due to restrictions and reduced travel.
Latest News
