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Global light vehicle sales forecast – August 2023 edition

Automotive World's monthly global light vehicle sales forecast provides a snapshot of past and future sales volumes broken down by region

Global light vehicle sales snapshot

  • In July the IMF raised its 2023 forecast for global GDP growth to 3.0%, up 0.2pts from its April status and 0.1pts from January. Nonetheless, the IMF highlighted its concerns over tighter credit conditions, depleted household savings in the US, and a weaker-than-expected economic recovery in China from its strict Covid-19 lockdowns.

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