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Tag Archives: GlobalData Light Vehicle Sales Forecasting
Global Light Vehicle June Sales Rate at 89 Million Best in 2024
“Sales accelerated in China last month with the price war continuing, while in the US sales staggered as a result of a cyberattack affecting dealerships. Europe saw a rise in selling rates, thanks to improvements in both East and West Europe. Meanwhile, Japan recorded lagging sales in the face of supply issues and a subdued macroeconomic climate,” said the GlobalData Light Vehicle Sales Forecasting Team. Continue reading
July 2024 Global Light Vehicle Sales at 91 Million Year’s Best
“Sales in China maintained a solid pace as NEVs sales continue to gain traction. In the US, YoY sales declined as high vehicle pricing and concerns over the economy weighed on vehicle consumers. The same can be said for Western Europe, which saw its selling rate struggle in July. Meanwhile, the Japanese market surged as supply has begun to catch up from the losses created by the previous vehicle certification issues,” the Global Data forecast team said. Continue reading →