Light Vehicle Sales Slow in February to 79.7M SAAR

Global Light Vehicle Sales February 2013 – Click to Enlarge – Courtesy LMCA

AutoInformed.com Global Light Vehicle Sales

LMC’s 2013 forecast remains unchanged at 21 million units.

The U.S. market continued to recover, with Japan also posting solid results, while slumping markets in Western Europe remain a continuing cause for concern as it the Eurozone crisis showed no sign of abating as Light Vehicle sales in the region fell by 11%. The outlook for 2013 in total is for a further decline. East European demand continues to improve steadily, with Russian sales close to an annualized 2.9 million units, up 2%, year-on-year.  Overall European light vehicle sales were down by 8% as the small gains in the East were not sufficient to offset losses in the West.

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