In BRICs countries and within BRICs except China; India, Brazil and Russia lost their market share in 2015 compare to 2005. Russia, Brazil and India respectively lost 12%, 8%, 3% market share. China gained 23% market share among BRIC countries. Russia and Brazil lost drastically their grip in Auto industry.
BRIC country market share:
China became stronger among Global Auto and within BRICs countries.
China PV and CV segment sales increased since 2005.
China car sales increased from 4 million to 21 million in last 10 years.
Indian Car Sales Analysis trend:
India car sales increased from 1 to 3 million since 2005.
Brazil car sales Analysis:
Brazil market is going thru difficult phase and its sales is going down.
Russia car Market Sales Trend:
Commercial vehicle Segment Analysis:
China
China CV Industry has seen tremendous growth and market size increased by around 2 times.
Indian CV Industry sales increased from 334 thousand to 653 thousand.
Brazil CV Market:
Brazil CV market showed de growth since 2013. It is the result of Govt policies, Emission norms, Financial problems and overall market sentiments.
Russia CV Sales Trend:
Russian CV market is very volatile and it is facing tought phase of political and Financial issues.
Source: ACG data bank
