Global Light Vehicle (LV) sales grew 1.1% year‐on‐year (YoY) in December, while the annual total for 2019 stands at 90.3 mn units, 4.4% lower than 2018.
Once again, results for both the year and the month are unimpressive, bolstered by strong December results in Western Europe but hindered by the consumption tax hike in Japan, rising prices in the US, and the continuation of disappointing China sales results.
