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

Commentary

*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.

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