Global light vehicle sales snapshot
Global light vehicle demand remains on track to increase by around 2% in 2024. The J.P.Morgan Global PMI Composite Output Index, produced by S&P Global, registered 52.4 in November, up 0.1pts from October and 0.5pts from September’s eight-month low. The composite figure reflected growth in the services sector and a rise in manufacturing growth to a five-month high.
