Asides

Karamba Security and Symantec launch new products for Automotive Cyber Security

Retrofitting existing vehicles is a priority

Demand for solutions that protect existing and upcoming Connected Cars from cyber-threats is high and as a result new companies are entering the Automotive Cyber Security arena. These news come just a few days after the car alarm hack in a Mitsubishi Outlander hybrid and the faulty software update that caused trouble to Lexus owners in the US.

Back in March, the FBI in a joint statement with the NHTSA and UDOT warned about the vulnerabilities of modern vehicles, advising owners to keeping automotive software up to date as well as avoiding any unauthorized changes to a vehicle’s software and being careful about plugging insecure gadgets into the car’s network.

Karamba launches CarWall software to secure Connected Cars

Karamba Security, the US-Israeli start-up which in April  raised $2.5 million, launched CarWall, a purely software solution that enables OEMs and Tier-1s to detect any deviations from factory settings and prevent exploits by hardening ECUs against any type of foreign 0code.

We interviewed Karamba’s Executive Chairman and one of its cofounders, Mr David Barzilai, for our new report on the Automotive Cyber Security market which is expected to be published in end-Jun 2016. Here’s an extract of how he describes Karamba’s offerings:

 ‘’Karamba’s software is a unique proposition because it resides on externally-connected ECUs, which are the gates to the car, and it has the ability to automatically learn all the factory settings of the car ECU software. Thereafter, any foreign code or any function code detected that is not part of the factory settings clearly implies a threat. We seal the ECU software automatically and we do the detection and prevention based on this sealing automatically as well. This means that our solution does not required any developers’ attention, or changes, which is important for the industry.

Finally, Karamba’s solution does not require any updates which is also quite important for the industry because this industry is not accustomed to updates. But when you release a new version of your ECU we should be part of this ECU software as well.’’

To read the whole transcript please contact us about our upcoming report.CyberSecurity-1024x474

 

Symantec launches Anomaly Detection for Automotive

California, US-based Symantec Corporation announced the launch of a new software for Automotive Cyber Security called Anomaly Detection for Automotive. The software uses machine learning to analyze the normal behaviour of a vehicle’s CAN, spot security threats and neutralize them.

This launch demonstrate that Symantec is expecting substantial growth in automotive security, which constitutes a part of IoT security. The company already offers embedded security tools, code signing and managed public key infrastructure to secure.

To learn more about the market status of the Automotive Cyber Security market, together with our forecast for adoption and the outlook for leading companies read our report:

Automotive Cyber Security Market Forecast: the secure Connected Car

For a detailed Table of Contents or Sample Pages contact us on:

(+44) (0)20 3286 4562, info@auto2xtech.com or visit auto2xtech.com

 

New report: Rankings and market shares of Top Tier-1 ADAS Suppliers 2015 & forecast 2016-2020

London, May 2016

Auto2x’s new report focuses on the leading manufacturers of the cameras, radars, Lidar and ultrasonic sensors used for ADAS since we have identified them as the ones to benefit more from the uptake of ADAS penetration and the eventual transition towards semi-autonomous and self-driving cars.

2016 is the year of transition from Level 2 to Level 3 of vehicle automation in Europe

ADAS, systems that assist but not substitute the driver for safety, convenience and conditional autonomy, constitute Level 1 (feet-off) and Level 2 (hands-off) of vehicle automation as defined by the NHTSA. This means that they pave the way for Autonomous Vehicles (AV) and Self-Driving Cars (SDC). Level 3 (eyes-off) falls into the NHTSA’s definition of partial automation rather than ADAS.

By 2020, advanced car markets, such as Europe, North America and Japan, will have transitioned to Level 3. As ADAS evolve from discrete single-function systems, such as ACC and LDW, to integrate multiple functions (ACC+LDW) and then autonomous features, new challenges and market opportunities arise.

We assess that during this period, leading ADAS suppliers will be the ones to benefit the most from the transition towards AVs and SDCs.

Changes in safety rating specs push car OEMs to fit ADAS as standard equipment

In Europe, changes to the allocation of points in the Safety Assist category of Euro NCAP’s rating scheme push OEMs to offer at least one or more ADAS as standard equipment in order to achieve and maintain high safety ratings.

Since most carmakers don’t design and manufacture ADAS features in-house, they rely on automotive suppliers who are the leading manufacturers and distributors of ADAS components and features.

Leading ADAS suppliers already offer multi-sensor ADAS with sensor fusion to meet the requirements of the stricter Euro NCAP’s 2020 Roadmap.

ADAS are not exclusive to the premium car segment any more

Technological developments in ADAS, such as sensor fusion, economies of scale and system integration enable price reduction in ADAS. This has enabled safety and convenience ADAS features to expand to the mid and low-end car segments, particularly in safety-oriented Europe.

Reduce production cost while increasing performance

However, ADAS suppliers face a series of important challenges which threaten their profitability from ADAS. Despite the increasing software complexity and requirements for greater computing power, ADAS suppliers need to achieve a healthy ‘’performance to cost ratio’’ in order for these technologies to reach mass-market adoption.

Read this report to get an understanding of their rankings and market shares in 2015 and how they will develop over the next 5 years.

ADAS components

What this report delivers

  • Learn why suppliers of ADAS will be the ones to benefit most from the uptake of ADAS penetration during 2016-2020
  • Read how regulatory decisions and the increasing role of software will unveil business opportunities
  • Gain an understanding of the current state of market competition in the ADAS market:
    • What does the supplier ecosystem look like?
    • Read about the status of ADAS revenues of leading suppliers in 2014-15 ($ million)
    • Trends in ADAS radar, camera-based ADAS and sensor fusion in 2014/15
    • Get an insight on recent M&A, product deployment and regulation/legislation
  • Read about the product portfolio (ADAS features and sensors) and key figures of ADAS top Tier-1s including sales of sensors (where available). Learn how their shares will develop during 2016-2020
    1. Autoliv
    2. Bosch
    3. Continental
    4. Delphi
    5. Denso
    6. Hella
    7. Valeo
  • ADAS Component Forecast for the period 2016-2020
    • Vision sensors (Stereo, Mono, Night-Vision),
    • Radar sensors (SRR, MRR, LRR),
    • LIDAR,
    • Ultrasonic sensors
  • Companies examined for our ranking by ADAS revenues include
    1. AdasWorks (Hungary)
    2. Aisin Seiki (Japan)
    3. Ambarella Inc. (USA)
    4. Autoliv Inc. (Sweden)
    5. Bosch Group (Germany)
    6. Continental AG (Germany)
    7. Delphi Automotive Systems LLC (USA)
    8. Denso Corporation (Japan)
    9. Freescale Semiconductors (USA)
    10. Gentex Corporation (USA)
    11. Green Hills Software (USA)
    12. Harman International Industries (USA)
    13. Hella KGaA Hueck & Co (Germany)
    14. Hitachi Automotive Systems (Japan)
    15. Hyundai Mobis (Korea)
    16. Infineon Technologies (Germany)
    17. Magna International (Canada)
    18. Mobileye N.V (Israel)
    19. NVIDIA (USA)
    20. OmniVision (USA)
    21. Panasonic Corp. (Japan)
    22. QNX (Canada)
    23. Renesas Electronics (Japan)
    24. Takata Corp (Japan)
    25. Texas Instruments (USA)
    26. Valeo SA (France)
    27. Vector Informatik (Germany)
    28. Velodyne LiDAR (USA)
    29. Wabco V.C.S (USA)
    30. ZF Group* (Germany)
  • Conclusions and recommendations

To request the Table of Contents or learn more information contact us: (+44) (0) 20 3286 4562, info@auto2xtech.comwww.auto2xtech.com

AFV accounted for 4.5% of new car sales in Western Europe in Q1 2016

Data published by the ACEA showed that sales of AFV in Western Europe (EU-28 + EFTA) amounted to 177,182 in Q1 2016, up 10.7% from the same period in 2014. This brought AFV penetration in new car sales in Western Europe to 4.5% in Q1 2016 (6.4% in EU).

EVs, and HEVs achieved year-on-year (y-y) growth of +37.5% and 29.7% respectively whereas NGV+LPG sales fell by 22.4% comparing to 2014.


 

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For more information on sales of vehicles by automotive powertrain and forecasts for the next decade check our reports:

Auto2x is a London-based automotive consultancy that offers business intelligence reports and custom research to carmakers, Tier 1s and other key stakeholders.

Contact us on: (+44) (0)20 3286 4562, info@auto2xtech.com or visit auto2xtech.com

Automotive cyber security and privacy: the new frontier for Connected Cars

Over the next decade, as automobile-driving progresses from Connected and Assisted to highly and fully-automated, the protection of the vehicle’s augmented ‘’attack surface’’ will become a top priority for carmakers and regulators. Thus, vehicle safety will expand from passive and active to yet another dimension, that of security against cyber threats, which also includes data privacy.

This is because holistic safety, security and privacy are incremental features for consumer acceptance of these new automotive technologies. They are also paramount for the viability of OEMs’ investment and critical for the transition towards more autonomous and eventually self-driving cars.

Additionally, as V2V and Vehicle-to-Infrastructure communications expand, another segment in the Automotive Cyber Security market will be unveiled, one that also needs to be addressed now.

We assess that in the wake of the recent car hacks by cyber security researchers and US Senator Markey’s report on the vulnerability of modern vehicles to malicious attacks, Automotive Cyber Security will unfold as the key topic in OEMs and suppliers’ agenda for the immediate future.

Moreover, we expect that the competitive landscape will alter significantly from its current status through M&A, the formation of new partnerships, and new investments. Consequently, new business models and opportunities will arise.

The key challenges here are how quickly the level of security and privacy in Connected Cars will rise to sufficient levels to avoid having vulnerable vehicles. Furthermore, how the cost of embedding cyber security solutions to new vehicles will affect OEMs, consumers and other key automotive stakeholders.

’The expansion of the vehicle’s attack surface means that many OEMs will have to rely more on automotive cyber security companies with expertise in this field, since most Tier-1s’ expertise is also limited. The outcome will be the formation of new partnerships, M&A and further investment in the Automotive Cyber Security market.’’

What this report delivers:

Our report identifies the drivers that will fuel growth in the Automotive Cyber Security market over the next decade and provides a roadmap of adoption for Cyber Security solutions for Connected Cars.

Additionally, it delivers an insight into the evolution of the market landscape, drawing conclusions from a panel of industry experts and our in-house expertise.

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Analysis of the current market landscape and the opportunities it presents:

  • demand vs supply, OEM-fitment, recent hacking events, regulatory status in 2014/15
  • investment, M&A and partnerships in the Automotive Cyber Security market

Identification of the drivers of growth during the forecast period to help you understand what will drive future changes in cybersecurity technology:

  • proliferation of Connected Cars and Connected-to-the-car devices (Internet-of-Vehicle)
  • enhanced demand for penetration testing and product evaluation from OEMs
  • increasing role of cloud technology and network architectures
  • Government regulation and standards (SPYAct, SAE International, etc.)

Forecasts for the period 2015-2025:

  • Automotive Cyber Security Forecast 2015-2025: Roadmap of adoption in US and W.Europe
  • Hardware Vs. Software-based Automotive Cyber Security solutions and Services
  • Forecast of Cost of Automotive Cyber Security Solutions Per Vehicle for OEMs ($)
  • Drivers of growth and restraints of adoption over the next decade
  • Global & Regional Connected Car Forecast 2015-2025
  • Forecast of cars equipped with Over-The-Air (OTA) Update Capability 2015-2025
  • US V2V & V2I Communications Penetration Forecast 2015-2025

Understand the competitive landscape by reading the 4 exclusive interviews with representatives from the leading companies with the Automotive Cyber Security market:

  • Arilou Technologies
  • Cisco Systems
  • SBD
  • TowerSec

Identify the leading companies within Automotive Cyber Security by reading the 14 company profiles together with their service and product portfolio of:

  • Argus Cyber Security
  • Arilou Technologies
  • BT Security
  • Cisco Systems
  • ESCRYPT Embedded Systems
  • Intel Corporation
  • NXP Semiconductors
  • Red Bend Software
  • SBD & NCC Group
  • Secunet AG
  • Security Innovation
  • Symphony Teleca & Guardtime
  • TowerSec
  • Utimaco GmbH
  • Other Leading Companies in the Automotive Cyber Security Market

Conclusions of our findings and recommendations for key stakeholders.

For more information on our Automotive Cyber Security Market Forecast: the secure Connected Car report including Sample pages and full Table of Contents, please contact us on

For more information on this report, including sample pages and full Table of Contents, please contact us on (+44) (0)20 3286 4562 or using Contact us form

Connected Cars ’16 (28-30 June, London Olympia)

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                 We’re proud to be partnering with Auto2x

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We’re pleased to announce that Auto2x is partnering with Connected Cars ’16 (28-30 June, London Olympia) – the only established annual event that will bring together 600+ OEM decision-makers and solution providers to identify how to make money out of connected cars to deliver an experience which the consumer really wants. 

With over 75% of the event speakers coming from OEMs and Tier 1s, don’t miss you chance to hear from BMW, Honda, Nissan, Volvo Cars, Bentley and many more. New features in 2016 include Car Maker hosted lunch tables, live vehicle demos and OEM meeting rooms.

Interested? Download the event brochure here to find out more

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Additional 15% discount code for Auto2x members

Quote code I8ZPA2X upon registration


Don’t miss out the Live Car Demos at Connected Cars ’16

See the latest technology in action with the live vehicle demonstrations on site.

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Need help registering? Get in touch 

 tmt.registration@informa.com

+44 (0) 20 701 77169

Auto2x partners with Future Connected Cars USA

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We’re pleased to announce that Auto2x is partnering with Future Connected Cars USA,taking place on 10-12 May 2016 in Santa Clara.

This is a three-day event that brings together key OEM decision-makers and solution providers to identify how OEMs can maximise connected car revenues from future technologies. Specific areas include fully autonomous vehicles, ADAS, V2X and predictive intelligence. Meet 250+ attendees including an entirely new audience of industry players focused on the internet of things, smart homes and cities.

Download the latest draft agenda here

Hear from 50+ speakers including major OEMs such as GM, Ford, Honda, Mercedes Benz, Toyota and many more. Through 15+ hours of networking, focused workshops and discussion groups the event will help develop and identify new business strategies to make the most of future growth.

Book your ticket to the conference today and save up to $700!
Quote additional 10% discount code I8ZMUTX

2016 Speakers include

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February update on car hacks, partnerships and new product launches

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Researcher reveals vulnerabilities in NissanConnect EV app

An Australian researcher unveiled security vulnerabilities in Nissan Leaf’s app NissanConnect, an app that allows owners of the EV to remotely access some of its functions. The vulnerability is not life- threatening but could allow hackers to remotely send commands to the electric vehicle which could affect its battery life and even access journey and distance data. The app requires a vehicle’s VIN (Vehicle Identification Number) which the researcher was able to crack but disabling the app would eliminate security concerns for owners.

Partnerships

Movimento partnered with security provider Vidder to deliver a cloud-based security solution that stops potential hacks in their tracks. Movimento will incorporate Vidder’s PrecisionAccess, which is based on a new Software Defined Perimeter (SDP) architecture, into its OTA platform to prevent hacks.

New product launches

During the Barcelona MWC, Samsung launched Connect Auto, a connected car dongle which plugs directly to the vehicle’s OBD II port. The solution is secured using Samsung Knox and Tizen OS for interoperability.

Additionally, from 2017, Volvo owners will be able to opt for a digital key via a mobile app, to substitute the physical key and make car sharing easier.

Finally, Renesas Electronics announced that it will offer a beta form of its Synergy Platform DLM, a solutions that provides security capabilities to OEMs who build devices connecting to the IoT, to select customers starting April 2016 and as a standard product in Q1, CY2017

Auto2x report

To learn more about the Automotive Cyber Security market, including the market status in 2015 and our forecast on the adoption of Cyber Security solutions for Connected Cars in key geographies over the next decade read our report:

Automotive Cyber Security Market Forecast: the secure Connected Car

For more information on this report, including sample pages and full Table of Contents, please contact us on (+44) (0)20 3286 4562 or using Contact us form

Secure Over-the-Air (OTA) software updates to be key in the Automotive Cyber Security Market

Massive vehicle recalls, massive fines-is there a better way?

After the second consecutive year of massive vehicle recalls and associated fines in the US, it is evident that the automotive industry needs a better, cheaper and quicker way to detect, report and fix defects. According to NHTSA’s administrator Mark Rosekind, more than 51 million vehicles were recalled in 2015 in almost 900 separate recalls, comparing to 803 in 2014.

First major cyber security-related recall in 2015-more to follow?

Safety-related recalls, primarily the defects in Takata’s airbags and General Motors’ ignitions, contributed the most in the new record-setting recall number in the world’s second largest car market.

However, during 2015, we experienced what we consider as the first major recall due a cyber security vulnerability -even though it was exposed by white hackers rather than organised crime. In detail, Fiat Chrysler had to recall 1.4 million cars to update the software in the affected vehicles after cyber security researchers were able to remotely infiltrate a 2014 Jeep equipped with Harman’s U-Connect.

More cyber security-related vulnerabilities where report last year, namely in BMW’s Connected Drive, GM’s OnStar and Tesla, but because models from these three carmakers feature OTA updates, the vulnerabilities were fixed via remote deployment of software patches.

Security is a whole new dimension in Connected Cars driven by the increasing role of software in modern cars

But as the number of ECUs, interconnected via CAN, MOST and other IVNs, increases in modern vehicles, the role and cost of software becomes more and more important, due to its growing amount and complexity.

OTA software updates as a response to the vehicle electronics lifecycle conundrum

Thus, software management throughout its entire lifecycle becomes paramount for carmakers. This is where OTA software updates can help by providing the much-desired upgradability and by bridging the gap between the differences in software and hardware lifecycle.

OTA updates’ role to expand from functionality to security for Connected Cars

What is more, because of the increasing role of software, we expect that software-related defects will become increasingly important, both in number and magnitude. This is because the proliferation of Connected Car, connected devices, and the progression from ADAS to automated driving and self-driving cars, the attack surface of the vehicle will increase exponentially.

As a result, we expect more and more OEMs to adopt OTA software updates to fix software glitches and security vulnerabilities quickly and remotely. Identifying defects sooner and fixing them quicker and cheaper is a top priority for carmakers and regulators. And the adoption of OTA updates can eliminate software recalls and their associated warranty costs, thus preserving the OEM’s brand image and improving customer satisfaction.

As OTA become mainstream, security will be a top priority

Secure OTA software updates must provide update reliability and protection of the data transmitted to and from the vehicle. At the same time, they must meet the strictest security and safety standards. Which companies are the leaders in embedded security for Connected Cars? What are there product offerings?

To learn about secure OTA and their role in the Automotive Cyber Security market read our report:

Automotive Cyber Security Market Forecast: the secure Connected Car

For more information on this report, including sample pages and full Table of Contents, please contact us on (+44) (0)20 3286 4562 or using Contact us form

Automotive Cyber Security Market: 26 companies to watch in 2016

The acquisition of TowerSec by Harman last month and the partnership between Argus and Israeli Check Point are just a start to what we believe will be a ground-braking year for the Automotive Cyber Security market. 2016 is the year when securing the Connected Car will unfold as the top priority for OEMs and regulators.
 
This is because as the Internet-of-Car expands and generates increasing amounts of data, a proactive and preventing approach on cyber security will be necessary. Consequently, mandatory fitment will come sooner than expected fuelling demand for Automotive Cyber Security expertise over the next decade.

Which are the companies to watch in 2016 and why?

We monitor the developments of more than 25 suppliers of Automotive Cyber Security solutions globally, together with all OEMs, Tier 1s and key providers of Connected Car products and platforms.


 

Fig.1: 26 Companies to watch in the Automotive Cyber Security market in 2016

AIRMIKA Inc. (USA) NXP Semiconductors (Netherlands)
Argus Cyber Security Ltd. (Israel) OIActive (USA)
Arilou Technologies Ltd. (Israel) Qualcomm (USA)
BT Security (UK) Red Bend Software (Israel)
Cisco Systems Inc. (USA) SBD & NCC Group (UK)
Continental AG (Germany) Secunet AG (Germany)
Covisint Corporation (USA) Security Innovation Inc. (USA)
ESCRYPT Embedded Security (Germany) Symphony Teleca & Guardtime (USA)
Harman International Industries (USA) Tech Mahindra (India)
Infineon Technologies AG (Germany) TowerSec (USA)
Intel Security (USA) Trillium Inc. (Japan)
IVSG LLC (USA) Utimaco GmbH (Germany)
Lear Corporation (USA) WhiteCryction (USA)

 

Source: Auto2x 2016


 

Here are some of the key factors we assess:

  • Product/Service portfolio
  • Product/Service category: software-based, hardware-based or services
  • Product/Service target: OEMs, consumers, dealerships
  • Company structure and financials (R&D expenditure, earnings, funding)
  • Company maturity: start-up, mature, etc.
  • Location
  • Number of employees
  • Announcements of pilot programs, product evaluation or partnerships with OEMs or Tier 1s

 These factors allow us to establish the following for each company:

  • Role in the marketplace
  • Product differentiation
  • Competitive advantage
  • Outlook

Understand the role of each company in the marketplace, read about their outlook over the next decade and build your strategy to take advantage of the changing landscape in the Automotive Cyber Security Market.  Is embedding cyber security solutions in cars enough to prevent cybe-attacks or there is more to be done?

Read more in our report Automotive Cyber Security Market Forecast 2015-2025: the secure Connected Car.   

Update on Global Passenger Car Landscape 2015: Full-Year Sales of cars in the World’s 10 Largest Markets

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Aggregated full-year 2015 car sales in Top-10 grow slightly in 2015 but global rankings change

Passenger car sales in the world’s 10 largest car markets, who’s aggregated (full-year) sales accounted for 77.8% of 2014 global car sales, amounted to 59.29 million in 2015, up 1.4% from 2014 (58.49 million).

Even though the status of global car sales, here represented by the 10 largest car markets, is relatively stable comparing to 2014, a significant change in the global ranking in terms of P.C sales has occurred.

Recovery of major Western European car markets, combined with the continuous slowdown of Russia and Brazil, resulted in the latter losing 3 positions each in global ranking by car sales; Brazil from 4th in 2014, to 7th in 2015 and Russia from 7th in 2014 to 10th in 2015.

On the contrary, Germany and India climbed one spot each whereas the UK and France two spots each, now 6th and 8th respectively.

Top-10 car sales grew just 1.4% in 2015 despite growth in 8 out of 10 car markets

Eight out of the ten key car markets recorded considerable growth in 2015 over the year before.

Sales in China experienced the largest unit increase (+1,439,473) among all the examined markets during this 12 month period, followed by Western Europe which gained almost 1.2ml sales from 2014 respectively.

However, the severe downturn of car sales in Russia (-35.7% year-on year, or 890,188 units less than 2014), Japan (-10.3% y-y, -483,700), and Brazil (-25.6%, -852,950) respectively did not allow the combined sales in Top-10 car markets to grow more than 799,241 unit sales from 2014.

Reverse growth trends for Asia’s leaders

Car sales in China amounted to 21.15 million as the world’s largest car market continued to expand in 2015, but at a lower rate of 7.3% over 2014. SUVs and MPVs recorded strong growth of 52.4% and 10.1% year-on-year respectively demonstrating a consumer preference shift away from sedans, the prevailing segment.

Furthermore, the government’s decision (Oct’15) to halve taxes for the purchase of cars with 1.6 litre engines or smaller until the end of 2016 boosted growth of 10.38% in these types of cars; now they account for 68.6% of total sales of passenger cars.

On the contrary, in Japan, car sales dropped by 10.3% in 2015 comparing to 2014 following a moderate recovery of the domestic economy and an increase in the mini-vehicle tax in April 2015 (Apr 2014 saw also a hike in national consumption tax). All car segments experienced declining sales; Standard (-5.8% y-y), Small (-5.1%), and Mini cars (-17.8%) respectively. As a result, the Japanese market returned to the 2010 sales’ levels.

NAFTA grows but Brazil shrinks

Moderate economic growth and low fuel prices enabled the U.S car market to achieve the 6th consecutive year of growth as sales of Light Vehicles grew by 5.7% in 2015 comparing to 2014. Demand was driven by soaring sales of Crossovers (+18.5% y-y) and SUVs (+10.7% y-y).

In Brazil, the combination of weak economic activity, high inflation and interest rates have damaged consumers’ confidence. Consequently, domestic car sales contracted by 25.6% in 2015 comparing to the year before.

Recovery of the Western Europe compensated for falling sales in Russia

The recovery of the Western Europe car market continued in 2015 (9.2% y-y) driven by improving economic conditions and credit availability.

In the 5 largest Western European car markets by car sales, which collectively accounted for 73.0% of 2015 sales, Germany (+5.6% y-y) and France (+6.8%, y-y) continued to grow even faster than in 2014. The biggest winner was Spain which, after the second consecutive year of double-digit growth, returned very close to the 2008 levels.

The booming sales in the UK combined with shrinking sales in Russia and Brazil have resulted in the UK claiming the 6th spot in the 2015 global car sales’ ranking.

Finally, low oil prices and the effect of the economic sanctions in the Russian economy have adversely affected the domestic car market. Thus, sales of Light Vehicles were down 35.7% in 2015 comparing to 2014.

To read more about our forecasts for the development of the global car market and key markets such as Connected Cars, Automotive Cyber Security and Automotive Powertrains please contact us on:

For more information on this report, including sample pages and full Table of Contents, please contact us on (+44) (0)20 3286 4562 or using Contact us form

© Auto2x 2016. All rights reserved. All fact and figures are for information purposes only and are believed to be accurate at the time of publication.