While growth in the USA was impacted by the UAW strikes through October, other key markets saw double-digit growth, although this is partly due to 2022 being a weak base for comparison. Chinese sales (wholesale) grew 10.7% YoY, led by strong exports but also supported by the burgeoning domestic market.
Global light vehicle market rises in October
According to GlobalData, the global light vehicle market was up 11% in October
November 16, 2023