beijingwalker
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China expected to have 25 million cars sold in 2015, USA 15.9 million in 2015
July 14, 2012
July 14, 2012
US Light vehicles sales for all of 2011 totaled 12.8 million, Autodata said, an increase of 10.3% from 2010.
Car sales may rise 12 percent to 14.3 million this year and 3.5 percent to 14.8 million in 2013, Southfield, Michigan-based AlixPartners said. In the three years through 2016, sales may rise 7.4 percent to 15.9 million, the company said. That trails the markets pre-recession high of 17.4 million in 2000.
Auto sales in Western Europe may decline 6.9 percent to 13.5 million in 2012, for the fifth-consecutive annual drop, AlixPartners estimated. Deliveries in the region will rise to 14 million in 2013 while remaining below 2007s peak of 16.8 million through 2021, according to the report.
Auto sales in China may rise to 19.2 million this year, about 1 million lower than AlixPartners estimated last year. Sales in the worlds most populous country may increase to 21.4 million in 2013 and 23.5 million in 2014, the report said.
It is estimated that China's automobile market will keep a stable growth from 2012 to 2015, with a compound annual growth rate of 8.1%. The sales volume is expected to reach 25.287 million by 2015.
China could double US car sales in 2017/2018 and be equal the combined car sales in Western Europe and the United States.
Growth rates for parts and services are expected to top 30% as the number of cars on the road in China grows to more than 145 million by 2015.