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LMC Automotive Global Light Vehicle Sales Update (July 2021)
2021/08/16
- Summary
- Commentary
Summary
- The Global Light Vehicle (LV) selling rate was 82 mn units/year in July, continuing the weaker trend seen in recent months.
- The semiconductor shortage held back the post‐lockdown recovery of vehicle sales in Europe, while its impact on inventories in the US meant average transaction prices soared. Meanwhile, rising Delta variant cases threaten to worsen the outlook in parts of Asia.
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