GlobalData’s latest analysis of the global light vehicle (LV) market shows that the seasonally adjusted annualized selling rate (SAAR) for January slowed to 82 million units/year (compared to a like-for-like 90 million units/year in December 2023). Some 6.7 million vehicles were sold last month (that was still up 6% YoY).
Global light vehicle sales rate down in January
Key markets see selling rates fall back in January, according to GlobalData