#July2012

After sharing with you the Top 150 best-selling cars in the world last week, it is time for our acclaimed monthly rendezvous: the World Roundup! This is already the 5th World Roundup, it’s amazing how time flies, isn’t it?

If last month the focus was on the Focus (ha) in China and the Santa Fe in South Korea, in July most of the highlights happened in Europe…

You can check out previous world Roundups here for March 2012 (“Has the Hybrid era started for good?”), here for April 2012 (“Big change coming from India”) and here for May 2012 (“GM and Toyota Etios make headlines”).

Enough of the world and you just want to know which cars sell best in your own backyard? Easy. You can visit 168 countries and territories in my blog, one by one, in the comfort of your own lounge. Travelling the world doesnt get any cheaper than that!

Back to our Roundup.

They called the market correctly, but they did bet on the wrong horses. Bloomberg polled the usual assemblage of analysts regarding the final tally of July new car sales, and the analysts did not disappoint when it came to the overall market. On average, they nailed the July SAAR of 14.1 million. When it came to the Detroit 3, they were way too optimistic. And it just so happens that the chief car analyst of Germany’s largest bank is the winner of this month’s Grade the Analysts.

And now, back to the usual blood and tears from Europe: July new cars sales dropped 7 percent in France and thudded 17 percent in Spain “as consumers cut back on costly goods in the face of economic uncertainty,” says Reuters.