COMMENT: Global car sales set for slowdown as major markets stutter

Car manufacturers enjoyed a strong 12 months across the globe in 2016 as new registrations increased by 5.7%, primarily driven by strong demand in Asia Pacific. However, our forecasts show the annual growth rate will slow markedly to just 2.1% this year and only recover marginally to 2.5% in 2018 as falling consumer demand and strengthening used car sales take their toll in key markets.