The Western European light vehicle market hit a seasonally adjusted annual running rate (SAAR) of around 13 million units in May 2021, up from around 12.7 million units in May 2020. The SAAR is derived by dividing the unadjusted estimate for a month by its seasonality factor and then multiplying this by 12 months.
Light vehicle market seasonally adjusted annual running rate in Western Europe in May 2020 and 2021
(in million units)
Characteristic
Seasonally adjusted annual running rate in million units
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LMC Automotive. (May 8, 2020). Light vehicle market seasonally adjusted annual running rate in Western Europe in May 2020 and 2021 (in million units) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1116048/seasonally-adjusted-annual-running-rate-auto-industry-western-europe/
LMC Automotive. "Light vehicle market seasonally adjusted annual running rate in Western Europe in May 2020 and 2021 (in million units)." Chart. May 8, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1116048/seasonally-adjusted-annual-running-rate-auto-industry-western-europe/
LMC Automotive. (2020). Light vehicle market seasonally adjusted annual running rate in Western Europe in May 2020 and 2021 (in million units). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1116048/seasonally-adjusted-annual-running-rate-auto-industry-western-europe/
LMC Automotive. "Light Vehicle Market Seasonally Adjusted Annual Running Rate in Western Europe in May 2020 and 2021 (in Million Units)." Statista, Statista Inc., 8 May 2020, https://www.statista.com/statistics/1116048/seasonally-adjusted-annual-running-rate-auto-industry-western-europe/
LMC Automotive, Light vehicle market seasonally adjusted annual running rate in Western Europe in May 2020 and 2021 (in million units) Statista, https://www.statista.com/statistics/1116048/seasonally-adjusted-annual-running-rate-auto-industry-western-europe/ (last visited November 22, 2024)
Light vehicle market seasonally adjusted annual running rate in Western Europe in May 2020 and 2021 (in million units) [Graph], LMC Automotive, May 8, 2020. [Online]. Available: https://www.statista.com/statistics/1116048/seasonally-adjusted-annual-running-rate-auto-industry-western-europe/