Global auto sales 2015: IHS corrects forecast sharply downwards

Because of the lower growth in China and the slumps in South America and large East Asian markets such as In Korea and Japan, the analysts assume that new vehicle sales will remain at the previous year's level. IHS has thus revised its forecast for 2015, which is a uto motor und sport exclusively, unusually strong. IHS now anticipates that the global car market will grow only marginally this year by 0.2 percent to 86.6 million vehicles.

China development surprised

For China including Taiwan, IHS no longer expects a plus of 4 percent, but only a 1.5 percent increase. 'We expected the Chinese market to cool down significantly at the beginning of the year, but we didn't expect it to go that far,' says IHS analyst Henner Lehne auto motor und sport .

According to IHS estimates, the slack in China will be replaced by a larger increase of 3.4 percent as early as next year IHS is assuming sales of 88.3 million new vehicles worldwide for 2016. That would be an increase of 2.1 percent.