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LMC Automotive Global Light Vehicle Sales Update (December 2016)
2017/01/18
- Summary
- Commentary
Summary
- The Global Light Vehicle market achieved a record result last year, growth by nearly 5% to 93.2 mn units, according to initial estimates. At 97.5 mn units/year, the December selling rate indicated another strong month, following the record high in November.
- Record results in China and the US, along with solid year-on-year (YoY) recovery in Western Europe, have helped drive the 2016 global result, coming despite weakness in Brazil and Russia.
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