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Tag Archives: global light vehicle sales
March 2024 Global Light Vehicle Sales Effectively Flat
The Global Light Vehicle (LV) selling rate stood at 85 million units/year in March, roughly the same with February 2024, according to numbers and analysis released by the GlobalData* consultancy. Worldwide, 8.0 million vehicles were sold last month, a 2% … Continue reading
December Global Light Vehicle Sales at 92,000,000 Annual Rate
The Global Light Vehicle (LV) selling rate for December 2023 was 94 million units annually, according to an analysis just released by the respected GlobalData* consultancy. This continues rising results since the middle of the year. The LV market grew … Continue reading
January Global Light Vehicle Sales Flat at 83 Million
January’s Global Light Vehicle (LV) selling rate stood at 83 million units annually, consistent with the previous month, according to the latest data just published by LMC Automotive.* Global supply constraints remain a key issue with some “distortions from tax changes,” in the respected consultancy’s view. Monthly registrations were down 8% year-on-year (YoY), at 6 million units for the month. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, global light vehicle sales, Ken Zino, lmc automotive
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March Global Light Vehicle Sales Plunge. Prelude to Rest of the 2020 Year or the Trend for Years After?
Almost all major vehicles markets suffered steep year-over-year declines in March. The beginning of a downward spiral of unknown duration, according to consultancy LMC with 2020 dropping to 71 million units compared to, gulp, 90 million in 2019 Continue reading
Global Light Vehicle Sales Drop -5% in March
The slight nudge up came from an easing in YoY losses in China, and an improved selling rate in the USA. Consultancy LMC notes that Western Europe had a “disappointing month, while the Japanese, Korean and South American markets all continued to struggle in YoY terms.” Continue reading
Global Light Vehicle Sales at Record Pace
Led by the Chinese market, the world’s largest, global vehicle sales again were at a record pace during the month of November. Preliminary results for show the light vehicle market soared to a new record of more than 86 million units a year. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, global light vehicle sales, Ken Zino, lmc
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China Pulls October Global Vehicle Sales to All-Time Record
The global auto market during October is running at a record rate of close to 85 million light vehicles a year. China as usual is at the forefront of the increase with a historically strong selling rate of 22.4 million annually. Sales are also increasing in other markets, with West European demand slowly moving upwards while Brazilian and Japanese sales were astrong. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, global light vehicle sales, Ken Zino, lmc
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May 2024 Global Light Vehicle Sales Rate Up Slightly
“Key markets, China and the US, benefited from improved selling rates versus the previous month. In Europe, there was little change for the West of the region in its month-over-month (MoM) selling rate evolution. While Eastern Europe made progress, with the latter once again supported by recovery in Russia. In Japan, the selling rate declined notably as supply issues persist,” the GlobalData light-vehicles sales forecast team said. Continue reading →