LMC Automotive Global Light Vehicle Sales Update (August 2018)

2018/09/19

Summary

  • Global Light Vehicle (LV) sales grew by 2.7% in year‐on‐year (YoY) terms in August, while the selling rate hit an all‐time high, at 99.7 mn units/year, up from 96.1 mn units/year in July.
  • However, this spike was almost entirely due to distortions in Europe linked to the introduction of WLTP – a new emissions testing procedure – which pulled sales forward. We expect that European sales will fall in the coming months as a result, so that the effect is neutral for the year overall. Chinese LV sales fell YoY in August, while there was little growth in North America.

This report is for paid members only. Remaining 1 chapters remaining.
Free membership registration allows you to read the rest of the article for a limited time.

Click here for a free trial.