Tag Archives: June Global Light Vehicle Selling Rate

The short-term trend is clear though. The recovery of the global auto industry is by no means assured given the flawed vaccination polices of nations comprising the world’s largest auto markets. Worse, the appearance of the aggressive and deadly Delta variant corona virus variant, as well as the ongoing semi-conductor shortage considerably cloud forecasting for the upcoming months. “The semiconductor shortage is clearly having an impact on selling rates in key markets. With no immediate remedy in sight, there is a risk of the situation worsening in coming months which could further disrupt the post-pandemic recovery in demand,” said LMC. Continue reading →