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LMC Automotive Global Light Vehicle Sales Update (September 2018)
2018/10/22
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Summary
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Commentary
Summary
- Global Light Vehicle (LV) sales fell by 8.5% in year‐on‐year (YoY) terms in September, while the selling rate dropped to 90.2 mn units/year, from August’s record high of 99.7 mn units/year.
- As expected, sales fell back in September following the implementation of WLTP – a new emissions testing procedure – which had pulled sales forward to August, mostly in Europe. However, a range of markets, from North and South America to the Asia‐Pacific region, also saw YoY declines.
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