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GlobalData Global Light Vehicle Sales Update (February 2025)
2025/03/18
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Summary
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Commentary
Summary
- In February, the Global Light Vehicle (LV) selling rate stood at 87 mn units/year, weaker than the January result. Market volumes improved over 8% YoY though, with 6.6 mn units sold.
- The key markets of the US, China, and Western Europe experienced mixed results in February 2025. The US saw a decline in sales, partly due to one fewer selling day in the month. Meanwhile, Western Europe continued to struggle with economic uncertainty, dampening consumer demand. In contrast, China recorded a surge in sales, largely driven by seasonal distortions linked to the Lunar New Year holiday.
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