2022 Light Vehicle Market Underperforms 2021
Data from LMC Automotive

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…
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