Global auto sales rise 4.5 pct in September -LMC Automotive

Reuters

Oct 11 (Reuters) - Global auto sales in September rose 4.5percent from a year ago, according to industry consultant andanalyst LMC Automotive, which called the results "solid."

For the month, worldwide light vehicle sales were 82.3million on a seasonally adjusted annualized basis, LMC said in areport issued on Friday.

LMC's forecast for the full year 2013 is 83.5 million lightvehicles, up 2.8 percent from 81.2 million in 2012. Lightvehicles do not include large commercial trucks.

China was the leading nation in September auto sales, at 1.9million in sales, followed by the United States at 1.1 million.

LMC said its report used preliminary sales figures forSeptember in China.

September sales increased 18 percent in China and fell 4percent in the United States, LMC said.

However, the annualized selling rate rose in both countries,to 22.1 million in China from 19.2 million, and to 15.2 millionin the United States from 14.5 million a year ago, LMC said.

In Western Europe, where sales have not recovered as quicklyfrom the 2008-2010 economic downturn as those in the UnitedStates, September auto sales rose 3.6 percent to 1.2 million.

For the full year, LMC sees Western Europe auto sales at12.7 million vehicles, down 3 percent from 13.1 million lastyear. LMC projects Western Europe's auto sales rising slightlyto 12.8 million vehicles next year. It also expects that autosales will not return to 2011's level of 14.4 million vehiclesuntil 2017.

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