Canadian study showed prepared “Scochea bank” that car sales in the world had progressed by 1.5% in the first quarter of 2008 thanks to substantial growth in emerging countries is expected to reach a record level over the remaining months of this year.

The economic expert Carlos Gomez supported the Canadian study, said sales declined in May and June due to the drop in sales in both the United States and Western Europe and Japan because of high oil prices and economic slowdown, pointing out that it is expected to register a record sales over 2008 due to the force experienced by Automobile markets at the present time in Brazil, Russia, India and China.

He added in his statement quoted by Saudi Press Agency “WAS”, “Car sales in these countries are likely to exceed the purchase of cars in the United States in 2009.

It is noted that sales in the United States in 2005 exceeded sales in Brazil, Russia, India and China more than 10 million units. ”

The researcher pointed out that car sales will amount to their lowest levels in the United States in the period between 2008 – / 2009 has not seen the like since the markets in 1993.

He said China will not make any progress on the United States because of high gasoline prices, which reached only by sales by 17% in the first quarter, compared with an average annual rate of 30% since the beginning of this decade.

Amandamemo