The Global Light Vehicle (LV) selling rate rose to 85 mn units/year in June 2022, making it the best result in 2022 to date. However, in year-to-date (YTD) terms, sales are -8.5% below the same period in 2021, according to LMC Automotive.
In LMC’s expert view this means that the global market has a long road to recovery. “While supply issues are still impacting demand in most regions, a strong sales recovery in China, supported by the easing of lock-downs that allowed OEMs to ramp up production as well as a new temporary tax cut for Passenger Vehicles (PVs), meant last month’s selling rate jumped up from May,” LMC* said in a release today.
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Electric Vehicle Shoppers Unhappy with Makers’ Websites
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Overall website satisfaction declined among battery-electric vehicle shoppers J.D. Power said today. Fast-loading technical specifications, comparison tools and payment/lease calculators are having a big effect on satisfaction among online shoppers, specifically those researching battery electric vehicles (BEVs), according to the J.D. Power 2022 U.S. Manufacturer Website Evaluation Study,SM – Summer.*
The study also shows an increase in satisfaction when shoppers engage with manufacturer website tools, though BEV shoppers are still less satisfied than non-BEV shoppers. This “wave” (latest research) finds overall satisfaction averages 711 on a 1000-point scale for the premium segment and 705 for the mass market segment, down 13 and 6 points, respectively, from the previous wave.
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