Brazil Tops Germany. China Ber Alles.
Way, way, back, a German company called Volkswagen came to Brazil to develop this backwater market. Now, Brazil has overtaken Germany. According to Jato Dynamics consultancy, Brazil has confirmed its position as the fourth largest world market.
Brazilian car rag Auto Esporte reports that Jato Dynamics has consolidated its data and in the period from January to August 2010, Brazil’s market grew by 8.4 percent on the year, while Europe’s largest market, Germany, dropped 27.3 percent.
Another member of BRIC also surpassed another European powerhouse. Who? Who?
After overtaking Italy in July, India captured seventh place and increased its lead by growing 37.5 percent on the year. Italy, now in eight, dropped 1.9 percent.
China is, of course, is the unassailable leader and growing bigger by the minute. 42 percent growth from January to August, on top of insane numbers in the prior year. In fact, Auto Esporte reports that the Chinese numbers only reflect sales of passenger cars. All the other markets include so-called light commercial vehicles in their numbers. If China included sales of that kind of vehicle, its lead would be even more staggering.
The US meanwhile has kept its place as the world’s second largest market. According to Jato Dynamic’s numbers, the US has grown 8.5 percent on the year. Japan is in third place. Followed (not so closely) by Brazil. Germany holds on to fifth. France is sixth. As mentioned above, India is now seventh and Italy is eighth. The UK is the ninth largest market in the world, while Russia (the “R” in Bric) is tenth.
Brazil Tops Germany. China Über Alles.
Way, way, back, a Germany company called Volkswagen came to Brazil to develop this backwater market. Now, Brazil has overtaken Germany. According to Jato Dynamics consultancy, Brazil has confirmed its position as the fourth largest world market. Brazilian car rag Auto Esporte reports that Jato Dynamics has consolidated its data and in the period from January to August 2010, Brazil’s market grew by 8.4 percent on the year, while Europe’s largest market, Germany, dropped 27.3 percent.
Another member of BRIC also surpassed another European powerhouse. Who? Who?
After overtaking Italy in July, India captured seventh place and increased its lead by growing 37.5 percent on the year. Italy, now in eight, dropped 1.9 percent.
China is, of course, is the unassailable leader and growing bigger by the minute. 42 percent growth from January to August, on top of insane numbers in the prior year. In fact, Auto Esporte reports that the Chinese numbers only reflect sales of passenger cars. All the other markets include so-called light commercial vehicles
Way, way, back, a German company called Volkswagen came to Brazil to develop this backwater market. Now, Brazil has overtaken Germany. According to Jato Dynamics consultancy, Brazil has confirmed its position as the fourth largest world market. Brazilian car rag Auto Esporte reports that Jato Dynamics has consolidated its data and in the period from January to August 2010, Brazil’s market grew by 8.4 percent on the year, while Europe’s largest market, Germany, dropped 27.3 percent.
Another member of BRIC also surpassed another European powerhouse. Who? Who?
After overtaking Italy in July, India captured seventh place and increased its lead by growing 37.5 percent on the year. Italy, now in eight, dropped 1.9 percent.
China is, of course, is the unassailable leader and growing bigger by the minute. 42 percent growth from January to August, on top of insane numbers in the prior year. In fact, Auto Esporte reports that the Chinese numbers only reflect sales of passenger cars. All the other markets include so-called light commercial vehicles in their numbers. If China included sales of that kind of vehicle, its lead would be even more staggering.
The US meanwhile has kept its place as the world’s second largest market. According to Jato Dynamic’s numbers, the US has grown 8.5 percent on the year. Japan is in third place. Followed (not so closely) by Brazil. Germany holds on to fifth. France is sixth. As mentioned above, India is now seventh and Italy is eighth. The UK is the ninth largest market in the world, while Russia (the “R” in Bric) is tenth.
in their numbers. If China included sales of that kind of vehicle, its lead would be even more staggering.
The US meanwhile has kept its place as the world’s second largest market. According to Jato Dynamic’s numbers, the US has grown 8.5 percent on the year. Japan is in third place. Followed (not so closely) by Brazil. Germany holds on to fifth. France is sixth. As mentioned above, India is now seventh and Italy is eighth. The UK is the ninth largest market in the world, while Russia (the “R” in Bric) is tenth.
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I have to say that growth in the BRIC markets is going to stop, probably in 20 years. Than it is going to stagnate like the earlier car markets. It would be ridiculous to have growth not stop. I think words like "sustainable growth" are misleading, growth is not sustainable, if derived from limited resources. things will have to stagnate at one point. We can't have the entire world have U.S.A levels of car per person, it is inefficient and unsustainable. I think that things will start moving back into mass transportation. As urbanization increases.
As we have been exporting all our jobs and investment dollars, all of these other countries have grown and are becoming more like first world countries. They will continue to grow as long as we keep destroying our economy to prop theirs up. Yeah, Vote Republican. Destroy our economy while we debate the Presidents religion and place of birth. Stupid people.