Automobile: China triumphs, the USA and Europe plunge
Pending final figures, the Chinese market forecasts are ... good.Despite a virus from this country, which ultimately emerges from the global crisis.Meanwhile, the ogre am ...
12/02/2023
Pending final figures, Chinese market forecasts are...good.Despite a virus from this country, which ultimately emerges from the global crisis.Meanwhile, the American ogre falls back to its 2011 level, and Europe to that of 1975.
The contrast is striking: even if it will be necessary to wait a little more before discovering the final figures, the Chinese automotive market comes out almost intact from the crisis.Who would have believed it, at the beginning of the year, when the Chinese party brought its populations in the millions of heads, then unable to go shopping on the lock and duplicate....and renew their car.Admittedly, the first months were hard for China, but the automobile quickly returned to growth, to the point of aligning 6 months of positive sales at the end of the year.
A senior official of the association of car manufacturers in China (equivalent of our ACEA) announces that there should be a 2020 exercise to more than 25 million units.Also good, even very slightly better than 2019!
And during this time, the rest of the world has its losses.The United States first, which fell to its 2011 level, with 14.4 million new vehicles registered last year.It is 15.3 % less than in 2019.Some have been particularly affected, such as Nissan, which drops by more than 30 % over a year.Disturbing, for a manufacturer who is also struggling in Europe, and which must absolutely be renewed.
In Europe, the situation is not better.It is even very bad in France, since the market fell by 25.5 %, falling at its level from the mid -1970s.The United Kingdom, which was still part of Europe, lost 29.4 %, to 1.63 million units, regaining its 1992 level.Her two, the French and English markets have particularly drawn European figures downwards.
Optimists will say that we will not be able to do worse in 2021, a year of recovery.But who says that this recovery will make it possible to reach the levels of pre -crisis?