LMC Automotive Global Light Vehicle Sales Update (April 2019)
2019/05/20
- Summary
- Commentary
Summary
- Global Light Vehicle (LV) sales fell 6.9% in year-on-year (YoY) terms in April, while the selling rate was also down, to 88.7 mn units/year, from 91.9 mn units/year in March.
- April’s sales represented another setback for a stuttering Global LV market. With a substantial YoY decline in Chinese LV sales, further evidence of a slowdown in North America, and no YoY growth in Western Europe, there was little positive news from the world’s largest markets.
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