Global light vehicle market sees growth as semiconductor crisis eases, with a 25% YoY increase 

US and China experience positive sales growth, benefiting from increased vehicle availability 

Western and Eastern Europe show YoY sales growth, supported by improved supply and deliveries 

Despite the projected 6% growth this year, the global market remains below pre-pandemic levels 

Manufacturers can now meet backlogged orders and replenish stocks as supply shortages ease 

Demand weakness becomes a concern as attention shifts from supply constraints