The overall annual year-on-year decline of 14.8% far better than expected 8 months ago. LMC Automotive predicts 15.7 million sales in 2021.
LMC Automotive, the independent automotive global forecasting and market intelligence company, reports that sales in December were helped by three extra selling days. December Light Vehicle sales grew by 6.4% Year-on-Year (YoY), to 1.62 million units, according to the company’s analysis. In a very atypical year, the one thing that remained the same as usual was that December posted the highest monthly sales of the year. This helped 2020 end with a total of 14.5 million units sold,