Global Light Vehicle (LV) sales fell 6% in year-on-year (YoY) terms in February, while the selling rate dropped to 89.3 mn units/year, from January’s 91.2 mn units/year.
The ongoing slump in the Chinese LV market remained the single biggest issue affecting Global sales in February. Despite some modest signs of life in Western Europe, lacklustre sales in North America and Eastern Europe meant that there was little relief from the gloomy picture in any region of the world.
