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Automotive Industry: Difference between revisions
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== Sales == | == Sales Light Vehicles == | ||
=== September 2023 === | |||
* The Global Light Vehicle (LV) selling rate ended its 6-month rising streak by falling to 93 million units/year in September, from a revised figure of 100 million units in August. With 8 million units sold in September, the global LV market has grown 8.5% YoY. Year-to-date (YTD), there have been 66 million units sold, marking an increase of 10.2% YoY. | |||
* [[File:Fa80f8470978dd0c93f49eec11b57fefbc18f6d7.png|center|thumb|950x950px|https://www.just-auto.com/features/global-light-vehicle-market-ends-rising-streak/?cf-view]] | |||
=== August 2023 === | === August 2023 === | ||
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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 ==== | ||