LMC Automotive Global Light Vehicle Sales Update (June 2020)
2020/07/15
Summary
- Global Light Vehicle (LV) sales fell by 18.1% in June, with the selling rate standing at 75.6 mn units/year. While the latest results are still well below healthy market levels, they do represent a continuing improvement from the April low. With lockdowns being lifted across much of the world, recovery appears to be underway, though a sizeable risk of deterioration remains.
- Korea and China continue the positive YoY growth that began in May. Regional declines in other areas show continuing improvement on the nadir of April.
This report is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free: