Ask Gen-AI a question.

For example:

Does Detroit 3 have plans to build new plants in Mexico? Include current production volumes.

Analyze sales volumes of Chinese OEMs in European countries.

Summarize export volumes from Mexico to global markets over the past 12 months and analyze the trends.

Create a comparison table of e-axle technologies from BYD, Huawei, Inovance, and Nidec.

Summarize the latest developments among automotive camera suppliers.

Summarize market shares and development trends of major Tier 1 EPS suppliers.

What are the latest trends of major OEMs regarding in-house battery production?

List new headlight technologies seen at recent trade shows, for each exhibiting company.

Research the share of ultra-high-strength steel used in vehicle bodies.

What new materials are being used as a result of vehicle electrification?

In the cathode material market, who are the major suppliers, their market shares, and supply chains?

As a battery manufacturer, which companies should we target for sales?

Analyze the businesses and challenges of potential customers for instrument panel switches, and recommend tailored value propositions and sales approaches for each company.

We want to sell LCDs for HUDs; please provide contact information of Japanese HUD suppliers.

List Hyundai's vehicle platforms along with the vehicle models that utilize them.

We’re looking to source magnesium die-cast components in Mexico. Which suppliers offer competitive pricing?

Who should we approach at Yazaki Corporation and Sumitomo Wiring Systems to sell high-voltage harness connectors?

Compare the features and sales trends of the Toyota bZ3X and bZ4X, the Nissan N7, and the Honda e:N series.

Compare the new car development cycles in Japan and China.

What new materials are being used as a result of vehicle electrification?

In the cathode material market, who are the major suppliers, their market shares, and supply chains?

User Guide

Global Top 10 Countries Sales Forecast (Q2 2022)

2022 global sales are forecast to decrease 0.2% to 81.25 million units

2022/07/26

Summary
Commentary by LMC Automotive

Summary

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

-According to LMC Automotive's second quarter 2022 report, global light vehicle sales in 2022 are projected to decrease 0.2% year-over-year(y/y) to 81.25 million units. The war in Ukraine and the lockdowns in China are further exacerbating the problem of prolonged supply constraints. Amid the prolonged inability to meet the demand for new vehicles, the full-year forecast has been revised downward by 1.35 million units previous forecast (as of Q1 2022).

-The 2023 forecast is expected to recover to 85.98 million units, and the 2024 forecast is expected to recover to 92.6 million units. However, both forecasts have been revised downward significantly from the previous forecasts due to growing concerns about the adverse impact on demand from the sharp inflationary pressures on households and central bank interest rate hikes.

-By country, the full-year 2022 sales forecast has been revised slightly upward for China, which introduced a passenger car acquisition tax reduction, and for India, where sales have been strong so far this year. However, the forecasts for other countries were lowered across the board. In particular, sales in major European countries such as Germany, the U.K., and France are projected to be lower in 2022 than in 2021.

This report is for paid members only.

If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:

Market & Tech Reports

Global automotive production/sales

Launch schedule forecasts