Global Top 10 Countries Sales Forecast (Q1 2020)

Global light vehicle sales forecast in 2020 is 76.61 million units, the worst y/y decrease on record

2020/04/23

*An updated version of this forecast report will be released every quarter.

According to LMC Automotive's sales volume forecast (as of Q1 2020), global light vehicle sales in 2020 are expected to fall by 15.2% to 76.61 million units.

The outbreak of the coronavirus disease (COVID-19) and government measures to contain it have had a strong effect on the market, pushing it downwards. In 2020, a significant decline in sales is inevitable in all top 10 countries.