China slump drags global vehicle market down in May
In May, the global light vehicle (LV) selling rate stagnated, month-on-month (MoM), at 89 million units/year, and remains well below the market result last year.
In May, the global light vehicle (LV) selling rate stagnated, month-on-month (MoM), at 89 million units/year, and remains well below the market result last year.
Chief technology officer Jörg Burzer told Bloomberg that India would play “a more important role in the future” not just in technology development, but also as a sourcing base.
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