LMC Automotive Global Light Vehicle Sales Update (October 2020)

2020/11/16

Summary
Commentary

Summary

The Global Light Vehicle (LV) selling rate for October stood at a solid 91 mn units/year, in line with an upwardly revised September result. In year-on-year (YoY) terms, total sales grew by 2.3%, a good result considering the pandemic-induced challenges faced by the industry at present, though results were uneven across the globe.
Once again, positive YoY growth in the US and China bolstered the headline figure, while Western Europe disappointed. While global sales are recovering in year-to-date (YTD) terms, they remain 17.0% below last year.

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.