Global light vehicle sales forecast – March 2024 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

The major economic forecasters have been making upward revisions to their outlooks for 2024. In March Fitch Ratings increased its forecast for global GDP growth in 2024 by 0.3pts (from December status) to 2.4% and The Conference Board raised its forecast by 0.2pts (from February status) to 3%. Earlier the IMF raised its forecast by 0.2pts to 3.1%.

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