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GlobalData Global Light Vehicle Sales Update (March 2025)
2025/04/18
- Summary
- Commentary
Summary
- For March, the Global Light Vehicle (LV) selling rate is estimated to be 90 mn units/year, an improvement on the previous month and higher overall than the 2024 result. In YoY terms, the market was up 7% last month and 6% YTD, though clouds are gathering over the global economic outlook.
- The key markets of the US, China, and Western Europe all experienced growth in March 2025. However, US protectionist policy and related uncertainty are set to have a tangible impact on the global economic landscape through this year and beyond. In the US market, there was a clear pullforward effect due to the looming price hikes because of tariffs on automobiles. In China, sales will remain steady due to stimulus measures implemented by the Chinese government.
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