The Automotive Quarterly report for September 2016 shows a negative trend in the automotive indices, both in the global and European markets. The STOXX Automobiles & Parts indices have seen the most significant decline, with a -18.8% decrease in Europe and -20.1% globally. This trend is consistent with subdued growth prospects in many key markets, with Europe's positive sales and revenue performance contrasting with the global trend. The overall STOXX Global 3000 and STOXX Europe 600 indices remained at the same level as the previous quarter, with a slight increase of 3.8%. However, both indices saw a significant decline on an annual basis (-2.9% and -10.4%, respectively). Despite this, the automotive manufacturers' sales in their passenger car segments have increased significantly, both on a quarterly and annual basis. The average growth rate for the listed manufacturers was 6.8% on a quarterly basis and 11.5% on an annual basis. Toyota stood out with the highest growth rate of 11.9% compared to the previous quarter, achieving a record sales volume of 52.6 billion euros. GM and Hyundai-KIA also showed positive developments compared to the previous year, with growth rates of 9.7% and 8.4%, respectively. The German manufacturers were around the 5% growth mark, with Volkswagen slightly increasing its sales over the previous quarter (+1.5%).
