LMC Automotive Global Light Vehicle Sales Update (October 2017)
2017/11/21
- Summary
- Commentary
Summary
- Global Light Vehicle sales grew by 2% year-on-year (YoY) in October, although the selling rate fell from last month’s record high of almost 100 mn units/year, to 97.7 mn units/year.
- Western Europe surged ahead in October, growing by 5.9% YoY, but there were weaker results in the US, which fell by 1.3%, and China, which was down 0.2%. The South American Light Vehicle market’s on-going recovery was also a driver of growth.
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