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April numbers for China added to Global Auto Demand Tracker
08 May 2020
With preliminary figures in now from China, we are looking at a
12.9% month-over-month seasonally-adjusted (m/m sa) decline in
light vehicle demand for April and a 47.6 million unit SAAR
(Seasonally-Adjusted Annual Rate). China's recovery is stunning,
rising an estimated 64% m/m sa in the month. This compares to a
55.2% decline in Western Europe and a 24.6% decline in North
America.
About the Global Auto Demand Tracker
The Global Auto Demand Tracker is updated upon the release of
new sales and/or registrations, and details country by make for the
most recent calendar month. Where an actual is not yet publicly
available, the IHS Markit Sales Operations prediction for the month
is provided.
The Global Auto Demand Tracker allows automakers and their
national sales arms to see which markets are sliding into crisis,
which are emerging, and at what pace is the recovery. It also shows
which makes are being impacted the hardest in terms of volume and
market share.
To support our clients, IHS Markit is making the Global Auto
Demand Tracker available to all clients with access to Connect, our client portal, for
the months of May and June. Not a subscriber to Connect, contact a
sales representative for a free trial.
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