The Automotive Industry Association released its April automotive production data today. Compared with the same time period last year, overall car and commercial vehicle production fell by 0.3 percent to 1,144 thousand 356 units. The production of engines and transmissions declined by seven percent. This suggests that the UK’s automotive industry is facing a slowdown. Despite the weakening economy, the UK remains one of the most productive in the world, and is a leading player in the automotive industry.
The most recent automotive production data released by the Automotive Industry Association shows that the United States will sell around 14.4 million passenger cars and light trucks in 2016. These sales figures represent a 14.3% drop from last year. However, the recent delay of a consumption tax in Japan will support the Japanese market in the fourth and first quarter of this year. According to IHS Automotive, passenger car production will grow by 2.8% y/y to a total of 7.97 million vehicles in 2016, while medium- to heavy commercial vehicle production will rise by 0.5% to 344,076 units. The industry is projected to sell 16.3million units in 2021, a 2.9 percent increase over last year’s figure.
The latest report by the Automotive Industry Association (AIA) reveals that Japan’s car and light-truck production will rise to more than 9.29 million units in 2016. This represents a 2.2 percent year-over-year increase. The delayed consumption tax is expected to support the market in the fourth quarter and first quarter of 2017. Additionally, IHS Automotive’s Global Light Vehicle Production Forecast offers detailed global data on every platform and plant. Moreover, this report includes SOP/EOP for all existing programmes and production estimates for more than eight hundred plants and nine hundred platforms.
The automotive industry association (AIA) released its January-November 2017 car and truck production data. The data showed a slight decrease from the previous year. The total vehicle production dropped by 0.3 percent, while that of the tractor sector rose by 0.3 percent to one million 195 thousand 232 vehicles. As for the Japanese market, there’s plenty of room for growth. With continued exports, the automakers are hoping that the market will improve this year.
The automotive industry is a complex industry, and it is important to keep up with the latest data. The IHS Automotive production data released each month offers a global overview of the industry. For example, the IHS Automotive production data released in January-November 2016 showed a decrease of 0.3 percent compared to the same period last year. In contrast, the production of medium-to-heavy commercial vehicles and light-commercial vehicles decreased by 7.5%.
In the automotive industry, the data are often used to make predictions for the future. For example, in December 2017, the Automotive Industry Association released the automotive production data for January-November. In this period, passenger car and light-truck sales decreased by 1.3 percent. In the same period, however, the production of small vehicles and trucks increased by 18.2 percent. There was no change in the volume of tractor and light-truck manufacturing in January-November, but this was an unusually slow period overall.