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Automotive Industry: Difference between revisions
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== Sales == | == Sales == | ||
=== | === August 2023 === | ||
* The global light-vehicle selling rate (SAAR) once again outperformed expectations and reached 99.7 million units, the highest monthly SAAR since August 2018. <ref name=":1">https://www.jdpower.com/business/press-releases/jd-power-globaldata-forecast-september-2023</ref> | * The global light-vehicle selling rate (SAAR) once again outperformed expectations and reached 99.7 million units, the highest monthly SAAR since August 2018. <ref name=":1">https://www.jdpower.com/business/press-releases/jd-power-globaldata-forecast-september-2023</ref> | ||
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* Global year-over-year growth increased 10.5% from relative strength in demand. Europe was at the top of the markets in growth, with volume up 23%, while North America growth remained strong, up 17%. Growth across Asia was also stable, most notably in Japan (17%), South Korea (15%) and China (7%). | * Global year-over-year growth increased 10.5% from relative strength in demand. Europe was at the top of the markets in growth, with volume up 23%, while North America growth remained strong, up 17%. Growth across Asia was also stable, most notably in Japan (17%), South Korea (15%) and China (7%). | ||
* September is expected to have a selling rate of 90 million units, making it the fourth consecutive month above the 90-million threshold. Volume is forecasted to be up nearly 5% as growth moderates from a strong base in September 2022. | * September is expected to have a selling rate of 90 million units, making it the fourth consecutive month above the 90-million threshold. Volume is forecasted to be up nearly 5% as growth moderates from a strong base in September 2022. | ||
* [[File:Screenshot 2023-10-20 120407.png|center|thumb|984x984px|https://www.just-auto.com/features/global-light-vehicle-market-sees-further-growth-in-august/?cf-view]] | |||
==== Forecast ==== | ==== Forecast ==== | ||