2020 is to break the global car market to about 17 percent. So a forecast of the Center of Automotive Management (CAM), the FOCUS Online was pre-is. “Overall, global car decreases, the demand for automobiles in order to approximately 15 million passenger Cars to only 68 million passenger Cars, and will result in the largest automotive markets in significant turmoil,” says CAM Executive Director and study leader Professor Stefan Bratzel.
Europe is the crisis of the toughest
however, There are large differences in the forecasts for different markets:
- The EU it hits hardest with a decline of 21 percent, according to the CAM so that 2020 would be expected with 12.5 million sold cars.
- In the USA would be the Minus 17 per cent (14 million passenger cars and light commercial vehicles) is a little less.
- at least 19 million sales and a loss of only 10 percent China would be affected the least strong. The Chinese, for the benefit of the Corona-crisis – is, at least, overcome officially in China and factories under strict security precautions, the production have resumed. “In China the number of new registrations in February to 80 percent in the first half of March, a 50 percent decline, while since then, signs of a slight recovery are visible”, – stated in the study. However, from its peak Of 24 million new cars in 2017, China is likely to remain for the foreseeable future, far away. CAM break-ins in the global auto market by the Corona-crisis (forecast; based on a “Lockdown is placed” only a few weeks
In the case of a prolonged Lockdown everything is much worse
the market projections in the face of the drama of the global crisis, still worse, to the relatively optimistic assumptions of the study: “In the base scenario is assumed, on the one hand, by the Corona crisis triggered major stress or significant restrictions of public life and consequently also in the automobile business on a core time of 6-8 weeks in the respective regions. On the other hand, it is assumed that the automobile demand is stimulated by various government incentive programmes and additional support measures. These assumptions should not be the case, with significantly higher declines in the Car-expected demand,” says car market expert Bratzel.
China is subsidies, but does not leak
In China are planned, such incentives already, analogous to the Situation after the financial crisis in 2009. As the trade magazine “Automotive News” reported, have been adopted in many cities of licensing restrictions, the new car sales boost. In metropolises such as Beijing or Shanghai, are actually allowed only to a limited new car to tackle congestion and environmental problems. Secret stockpile discovered: Here VW parks its unsold electric cars, FOCUS Online/Wochit Secret stockpile discovered: Here VW parks its unsold electric cars
A focus of Chinese leaders on the crisis-hit electric car industry. With tax breaks and purchasing premiums for electric vehicles, the new car sales to be boosted; at the same time, the General used car market of tax benefits reductions. China had actually planned, the electro-promoting 2020.
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