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November Global Light Vehicle Selling Rate Lessens
In crude registration terms, November rose 3.2% YoY (year-on-year) to 7 million units. The year-to-date (YTD) figure now stands at under 1% below the corresponding period in 2021, though this is a weak base for comparison., LMC noted. China’s market decelerated sharply in November. In YoY terms, sales fell by 7% in November, ending five straight months of strong rebound. North America and Europe are still struggling YTD as supply-side factors continue to hamper sales. Continue reading →