Following a strong finish to 2016, which itself was driven by increased market activity in China, the Global Light Vehicle market selling rate slipped back to 92.8 mn units/year (see the chart below). In year-on-year (YoY) terms, the market improved 4.3%.
Despite China and US market results last month being fairly flat YoY, solid growth in Western Europe, and some year-on-year growth in South America, helped push the global total higher.
