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LMC Automotive Global Light Vehicle Sales Update (June 2018)
2018/07/20
- Summary
- Commentary
Summary
- Global Light Vehicle (LV) sales grew by 4.2% in year-on-year (YoY) terms in June, but the selling rate slowed a little, to 96.8 mn units/year, from 98.3 mn units/year in May.
- The main drivers of growth in June were the USA, Western Europe and China, although only in the former was the selling rate for the month higher than the average for the year to date (YTD). However, South America and Eastern Europe – which had been strong earlier in the year – struggled in June.
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