The rapidly accumulating crisis phenomena around the world mainly affect the automobile industry. The reason is simple: a car has always been and always will be the first thing you can let go of. So people apparently said no: the agency reports “Automatic statistics” Referring to data from consulting firm GlobalData, the global automobile market shrank by 5.9% in August this year compared with August last year, and negative trends continued throughout the year.
Image source: ChatGPT.
While the decline looks steep in percentage terms, in terms of numbers, it’s not all that tragic. As a result, nearly 6,858,000 cars were sold worldwide in August this year. The largest car sales are in China and the United States – these two countries combined sales of more than 3 million vehicles in August. About 1.2 million units were sold in Europe, with the remainder coming from India, throughout South America, Japan, Canada and South Korea.
It should be understood that car sales are declining not only due to geopolitical and economic factors, but also because today’s cars, on average, last much longer and are more relevant than before. So there are fewer reasons to change the Iron Horse than a simple desire for something new. But the desire for new things is increasingly clashing with economic realities.
