The Global Light Vehicle (LV) selling rate stood at 88 million units/year in May, a modest improvement on the previous month. With 7.2 million vehicles sold last month, this was a 1.0% improvement year-on-year (YoY), with year-to-date (YTD) sales up 3.4%.
Global light vehicle sales continue to improve slightly in May
The global light vehicle market continued to show a modest improvement in May, according GlobalData