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GlobalData Global Light Vehicle Sales Update (September 2025)
2025/10/21
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Summary
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Commentary
Summary
- For September, the Global Light Vehicle (LV) selling rate remained broadly in line with July and August, standing at 94 mn units/year. In year-on-year (YoY) terms, the market grew 7% as sales reached 8.1 mn units globally. Year-to-date (YTD), 67 mn vehicles have been sold, up 5% from the same period in 2024.
- The key markets of the US, Western Europe, and China all experienced growth driven by various factors. In the US, the surge was largely attributed to advanced EV purchases ahead of the tax credit deadline, though non-EVs also performed well as manufacturers absorbed tariff costs, mitigating price increases. In Western Europe, countries like the UK, Spain, and Germany enjoyed YoY growth, despite it being a tough year for the region. Meanwhile, in China, ongoing government support and the lasting effects of the price war continued to drive strong EV sales.
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