The Global Light Vehicle (LV) selling rate rose for the sixth consecutive month in August, reaching 99 million units/year, from a revised figure of 97 million units/year in July. With 7.3 million units sold in August, the market has grown 9.6% YoY, with 57 million units sold year-to-date (YTD). This YTD figure has also surpassed the YTD Aug 2022 total by 10.3%.

*GlobalData
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