Look back World Cup Championship of the car world

The 2018 World Cup soccer finals took place on the pitches of Russia with 32 teams representing 32 countries. An interesting question is, what if these teams were to compete in the car market?


Despite failing in the first match, the star of coach Joachim Low, the reigning world champion, is still a champion candidate at the 2018 World Cup. However, on the pitch of the cars Four-wheelers, the German team, despite a series of stars: Mercedes, Audi, BMW, Volkswagen, Porsche, still dropped to the lower projection when only producing 5.6 million cars in 2017. The defending champion is China. Last year, this country produced 29 million cars of all kinds.

2017 runner-up is the US team with GM, Ford, Chrysler stars …, which has launched a total of 11.2 million cars of all kinds. However, both incumbent and runner-up are not present in Russia this summer. The Japanese team is expected to be hard to beat the second round in Russia’s World Cup this year, but they are sure to be in third place in the World Cup of Car Maker rankings with sales 9.7 million vehicles in 2017.

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Brazil, who has held the world cup for the fifth time, is also a rising market for the world auto industry. Last year, this market grew to 25% and this year, 2018 is expected to continue growing by 10%. Currently major international brands such as Vilkswagen, Ford, GM and Fiat are expanding production plants in Brazil to turn the land of Samba dancers into a car manufacturing center of South America.

Argentina is expected to win the World Cup for the third time this year, but the country’s auto industry is overcoming a severe crisis in 2014, yet it has not made an impression like strikers on their lawn.

A team rich in tradition both on the pitch and on the track, the England team, still dreaming about the 1960s and early 1970s, when their football team won the World Cup (1966) along with their British car brand set a world record for sales with nearly 2 million units/year. The England team is on the way to find the old aura while the number of cars produced last year of the new country reached 1.74 million units in 2017, which means that it is still less than half a century ago.

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Iceland, the baby pepper has been surprising at the first round of the 2018 World Cup. But it was not only surprising on the pitch, the country with a population of just 335,000, built a very special car that surprised the world. It is Isar Torveg, dubbed the Terrain Monster – Monster SUV. Using a giant tires of up to 54 inches, equipped with 6.3L engines, Isar Torveg can safely operate on Iceland’s challenging snow and muddy roads.

Purchasing power declines, the global car market in 2019 plummets

2019 is just over a month away, but experts predict this will be a forgettable year for the global automotive industry as purchasing power is on the decline, dragging car sales to the lowest level within 10 years back here.


The trade war between the US and China has gradually repelled the global economic growth momentum, thereby affecting directly on the automobile manufacturing and trading industry. According to CNN Business, from mid-2018 until now, global car sales have started to enter a period of unstoppable decline.

Prospects for the global automobile industry’s recovery in 2019 are becoming more and more fragile, as 2019 is only about a month away when purchasing power has not improved.

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Accordingly, based on data from the International Automobile Manufacturing Association (OICA), Fitch Ratings forecast that compared to last year, global car sales in 2019 are on the decline of about 3.1 million units. This will be the largest decline in the global automotive market since the global financial crisis took place in 2008.

According to analysts of Fitch Ratings, global car sales in 2019 will stop at 77.5 million vehicles, down about 4% compared to 2018. This is the second consecutive year of sales. Global cars are in decline. Before that, in 2017 there were 81.8 million new cars sold worldwide and by 2018 they were down to 80.6 million.

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Declining demand for cars in China and the United States – the two largest automobile markets in the world – is one of the reasons that pulled global car sales to the lowest level in the past 10 years. Sales report of the China Automobile Association (CPCA) shows that, in the first 10 months of 2019, car sales in this market decreased by 11% compared to the same period in 2018. This is partly due to the Chinese government’s cut back on incentives for electric cars.

In the US – the second-largest automobile market in the world, the situation is not very satisfactory as consumers increasingly hesitate to withdraw their pockets to buy new cars. Facing this situation, Fitch Ratings forecasts that car sales in the US will only reach about 16.9 million vehicles when 2019 closes, down about 2% compared to 2018.