LMC Automotive Global Light Vehicle Sales Update (February 2020)

2020/03/16

Summary
Commentary

Summary

Global Light Vehicle (LV) sales fell by 19.9% year-on-year (YoY) in February, while the selling rate plunged to just 64.9 mn units/year, the worst result since the financial crisis.
Sales did improve YoY in the US, Canada and Eastern Europe but these modest increases do not compensate for the enormous 80.4% YoY decrease in China, or the weakness in Western Europe and Asia. These significant headwinds are unlikely to die down in the near future.

This report is for paid members only. Remaining 1 chapters remaining.
Free membership registration allows you to read the rest of the article for a limited time.

Click here for a free trial.