The first quarter of the global automotive sales growth remained weak in developing countries

By Professional editor working for frbiz.

According to German media reports, the first quarter of this year, the overall weakness in global auto sales, developed countries have fallen substantially and the development of China's national growth rate dropped significantly.

It is reported that the first quarter, the United States car sales of 2.2 million for the same period last year 38 percent reduction; Japanese car sales to 1 million the same period last year dropped 23 percent; Germany about 1.5 million in sales last year reduction of 9% over the same period.

At present, European nations have lately applied principles on grants to stimulate the buy automobile utilisation has performed a certain function, Germany, France and Italy vehicle sales down under control. It is wise that the United States and Japan are furthermore considering a alike grant principle of the European vehicle market incentive package.

China, India and Brazil auto market this year continues a precious growth. The first quarter of China's vehicle sales more than 2.6 million the identical time span last year increased almost 4%. Indian vehicle sales for the first quarter of 450,000, comprising an boost of 2% over the identical time span last year. Brazil sales come to 640,000, an boost of almost 4%. - 21392

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