China, India And Europe Boost Global Car Sales 5.6%
As per the Global Auto Report released by Scotiabank in January 2017, global car sales are most likely to be on the upward increasing curve for a record eighth consecutive year. In spite of lingering economic uncertainty, total vehicle sales in 2016 had been up five.6% on the year prior to with enhanced demand in China, India and Europe more than compensating for the continued decline in Russia, Brazil, South Africa, Japan and South Korea.
Also worth noting: the RAM Pickup outsells the Chevrolet Silverado for the very first time ever, though the Mercedes-Benz C-Class is the major-promoting luxury model worldwide, moving previous the BMW three-Series which dropped just outside the top-30 with one hundred.277 sales.
India is expected to be the fourth largest automotive market place by volume in the world exactly where, two-wheeler production has grown from 8.five Million units annually to 15.9 Million units in the final …
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