LMC Automotive Global Light Vehicle Sales Update (August 2022)

Summary

  • The Global Light Vehicle (LV) selling rate continued its gradual improvement for the fourth consecutive month to 94 mn units/year, up from the 90 mn units/year performance in July, and the strongest result of the year thus far. Despite the month-on-month improvements, the year-to-date (YTD) raw sales figure is still down 3.8% from the same period in 2021.
  • China continues to lead the recovery as August saw selling rates shoot to record levels with the support of the temporary purchase tax cut. In North America and Europe, selling rates again highlighted ongoing supply disruption.

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:

  • Market & Tech Reports
  • Global automotive production/sales
  • Launch schedule forecasts
  • Latest news on the automotive industry
  • Market share and supply information of 300 automotive parts (Who Supplies Whom)
  • MarkLines Customer Support

    9:00 a.m. - 5:30 p.m. Mon.-Fri. (excluding national holidays)
    japan Japan
    Nagata-cho, Chiyoda-ku, Tokyo, Japan
    +81-3-4241-3907
    USA USA
    Southfield, Michigan, USA
    +1-248-327-6987
    MEX Mexico
    León Guanajuato, Mexico
    +52-477-796-0560
    DEU Germany
    Frankfurt am Main, Germany
    +49-69–904-3870-0
    CHN China (Shanghai)
    Huangpu District, Shanghai, China
    +86-21-6212-6562
    CHN China (Shenzhen)
    Nanshan District, Shenzhen, Guangdong
    +86-755-2267-1725
    THA Thailand
    Klongtoey, Bangkok, Thailand
    +66-2-665-2840
    IND India
    Gurgaon, Haryana, India
    +91-124-4048779