The Global Light Vehicle (LV) selling rate rose to 93 million units/year in June, from 89 million units/year in May. All major markets outperformed June 2022 for just the second time thus far in 2023, supported by the easing of supply constraints. Global LV sales for last month stood at 7.9 million units (+10% YoY).
Global vehicle market up 10% in June
The Global Light Vehicle (LV) selling rate rose to 93 million units/year in June, from 89 million units/year in May.