The car market is supported by the stronger global economic growth, and the car sales are showing steady growth. Gains are expected to continue, of course the top will be reached more slower compared to the last few years, but the most important thing at this step is that another annual record is coming. Increased replacement demand in the U.S. will be complemented by a renewed sales upturn in most emerging markets; however, China is the exception, with an expected slowdown.
In the United States, we see increased replacement demand, growing consumer confidence and attractive financing options, lifting sales for the third consecutive record year. Although purchases are expected to decline in China for the first time since 2008, sales in the rest of the emerging world will lead car sales gains in 2017 and reverse four consecutive years of decline.