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GlobalData Global Light Vehicle Sales Update (November 2025)
2025/12/19
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Summary
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Commentary
Summary
- For November, the Global Light Vehicle (LV) selling rate remained strong, at 95 mn units/year, only slightly below October’s result. In year-on-year (YoY) terms, the market fell 2% as sales totaled 8.1 mn units globally. Year-to-date (YTD), 83.6 mn vehicles have been sold, up 4% from the same period in 2024.
- The key markets of the US, Western Europe, and China saw mixed fortunes. In the US, sales fell for a second consecutive month YoY due to the removal of EV tax credits and economic headwinds. In Western Europe, sales remained broadly flat; however, the outlook remains more positive heading into 2026. Finally, sales in China declined YoY, though the selling rate continues to post strong results.
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