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Global Top 10 Countries Sales Forecast (Q2 2019)
Global light vehicle sales in 2019 will be 92.04 million units
2019/09/11
Table of contents
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Summary
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Commentary
Summary
*An updated version of this forecast report will be released every quarter.
・According to LMC Automotive's forecast (Quarter 2, 2019), global light vehicle sales in 2019 will be 92.04 million units, a decrease of 2.7% y/y.
・With a stagnating Chinese market which has been leading global sales up until now, the US is also expected to see a y/y decline and global sales are expected to shrink for the second consecutive year.
・The global market is forecast to grow again after 2020 helped by a recovery in the Chinese and Indian markets, however mature markets such as the US and Japan are expected to continue to shrink.
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