The Global Light Vehicle (LV) selling rate for December was 91 mn units/year, a relatively positive result
given the continued backdrop of the coronavirus pandemic. In year-on-year (YoY) terms, the global
market rose 2.3% last month, supported by growth in both China and the US, and with stability returning
in South America and some European markets.
in LMC Automotive, 15-01-2021
For full-year 2020, the headline global figure now lies 14% below 2019’s result, at 77.7 mn units, in a
year dominated by the economic fallout from COVID-19 induced lockdowns.