Global Light Vehicle (LV) sales fell 8.2% in year-on-year (YoY) terms in January, although the selling rate rose to 91.2 mn units/year, from December’s 90.3 mn units/year.
2019 began in a subdued manner for Global LV sales, with the weakness that has been evident for several months continuing into the New Year. Chinese LV sales were again the most influential lever on the Global market, with another double-digit YoY decline in China being compounded by further negative results in the Americas and Europe.
