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Sales of vehicles up at the beginning of 2013, according to Scotiabank

Of higher sales of vehicles, combined with a marked increase in global production since the beginning of the year 2013 should propel the economy of the planet, according to the latest report on the global market of automotive Scotiabank .

REVEALED The figures show an increase in car purchases by 13 percent in January compared to the previous year.

This is China, with 49 per cent increase, which comes in mind in terms of volume sales. Sales also increased in all regions of the world, except for Western Europe, has said lead a Scotiabank automotive specialist, economist Carlos Gomes.

The coast of Asia, sales jumped 30 percent, but only 6 percent when China is excluded.

In the United States, the automotive sector also gaining strength. In February, sales totaled 15.4 million units annualized, compared to 15.3 million for the three previous months.

This increase is particularly due to low interest rates that prevail in the United States, as well as lower debt American families.

In Canada, sales of light commercial vehicles and cars have drop 3 percent in February compared to the same period last year, consumer confidence is still not being very high. Annual forecasts for the country, however, could be maintained with the arrival of spring, a crucial season for the sale of vehicles.

On a global scale, the stronger than expected sales coincides with a significant increase in the production of vehicles. In January, the automotive sector has increased by 15 percent compared to 2012, the best winning record since mid-year 2010.

Sales of vehicles up at the beginning of 2013, according to Scotiabank picture #1

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