LMC Automotive Global Light Vehicle Sales Update (October 2021)

2021/11/15

Summary

  • The Global Light Vehicle (LV) selling rate improved slightly in October, to 76 mn units/year, though this latest result still highlights the deep impact of the global supply crisis on automotive demand.
  • Sales figures remain in dismal shape across much of the world primarily because of the semiconductor shortage, which is creating a disconnect from positive underlying drivers of demand, with this drag on the market set to continue through 2022.

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.