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Global Car & Automobile Sales: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Car & Automobile Sales Market Research Report | Mar 2014

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Car & Automobile Sales global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$4tr
Annual Growth 09-14
7.5%
Annual Growth 14-19
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Profit
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Employment ('000)
5,566
Businesses
353,486
Industry Analysis & Industry Trends

The Global Car and Automobile Sales industry experienced a significant decline during the global recession, as the industry is vulnerable to economic shifts in employment and spending. While demand for new and used vehicles in mature markets (e.g. Japan, Western Europe and the United States) fell during the economic downturn, the industry flourished in the emerging economies of Brazil, Russia, India and China. The release of pent-up demand for industry products will drive sales over the next five years, and the development of energy-efficient hybrid and electric vehicles is expected to lead the industry into a new era of prosperity... read more

Industry Analysis

The global recession affected a number of industries, particularly the automotive sector. Weak consumer confidence, low incomes and tight access to credit crippled demand for industry products. Consequently, industry operators experienced significant revenue declines during the period, including a 15.4% plunge in 2009. Moreover, falling industry revenue led to decreased profit margins for many industry operators.

Demand for vehicles has since rebounded as consumer sentiment recovered. Over the five years to 2014, industry revenue is expected to increase at an annualized rate of 7.5% to $4.4 trillion, including growth of 1.1% in 2014... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Car & Automobile Sales Industry?

This industry retails new and used motor vehicles mainly through dealerships, commission agents and car auctions. Products sold in this industry include: passenger cars, SUVs, light trucks, heavy trucks, buses, recreational vehicles and specialty vehicles (e.g. ambulances and fire trucks). Retail sales of motorcycles, mopeds and bicycles are not included in this industry.

Industry Products
CarsSports utility vehicles and pickup trucksLight commercial vehiclesHeavy trucksBusesRecreational vehiclesSpecialty vehicles
 
Industry Activities
Selling new cars and light trucksSelling heavy trucksSelling specialty vehiclesSelling busesSelling vans and other commercial vehiclesSelling recreational vehicles


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