Global Light Vehicle Sales at 86.6 Million Annual Rate

Sales of light vehicles remained robust in April with a seasonally adjusted annualized rate of 86.6 million, up slightly from March. U.S. sales strengthened at 16.4 million annualized, while the largest vehicle market, China, is now running at more than 23 million vehicles per year. Add to the tally a wobbly recovery in Western Europe, a weakening in Japan because of tax change and chaos South America, and you have a projection of 86.6 million light vehicle sales from consultancy LMC.

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