2022 has been a downturn year for the global light vehicle market—projected to wrap up with 82.1 million units sold, about the same as 2021 and 10% lower than 2019’s level of just over 90 million.U.S. sales grew by 11% to 1.14 million units in November 2022 compared to November 2021. The gain was largely…
2022 Light Vehicle Market Underperforms 2021
Data from LMC Automotive
