The Global Light Vehicle (LV) selling rate reached 89 million units annually in June, not only an improvement on the previous month, but the best result so far this year, according to an analysis just released by the respected GlobalData consultancy.* At 7.6 million vehicles sold, June marked a 2.2% decline year-on-year (YoY), although year-to-date (YTD) sales were up 2.3%.

“Sales accelerated in China last month with the price war continuing, while in the US sales staggered as a result of a cyberattack affecting dealerships. Europe saw a rise in selling rates, thanks to improvements in both East and West Europe. Meanwhile, Japan recorded lagging sales in the face of supply issues and a subdued macroeconomic climate,” said the GlobalData Light Vehicle Sales Forecasting Team.