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LMC Automotive Global Light Vehicle Sales Update (June 2021)
2021/07/13
- Summary
- Commentary
Summary
- The Global Light Vehicle (LV) selling rate stood at 82.4 mn units/year in June, marking a slight downturn from an upwardly revised 82.9 mn units/year in May, itself weaker than the preceding two months.
- The semiconductor shortage is clearly having an impact on selling rates in key markets. With no immediate remedy in sight, there is a risk of the situation worsening in coming months which could further disrupt the post-pandemic recovery in demand.
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