Global Light Vehicle sales grew by 1.2% year-on-year (YoY) in March. The selling rate rose to 94.1 mn units/year in March, up from 93.6 mn units/year in February.
In contrast to February, Western Europe suffered a YoY fall in Light Vehicle sales in March, but there was strong growth in the USA. Eastern European and South American markets continued their recoveries. There was a modest YoY increase in sales in China, while the Japanese and Korean markets dipped slightly.