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Benzinga
Benzinga
Business
Shanthi Rexaline

Tesla's Global Market Share Is Up 140% In 2022: Where Do Other Automakers Stand?

Tesla Inc. BofA Securities United States

Global auto sales are recovering from the trough seen in September 2021, and the industry has thrown up some winners and some laggards, according to an analyst at BofA Securities.

Light Vehicle Market On Road to Recovery: Global light vehicle sales came in at a seasonally adjusted annual rate (SAAR) of 80 million units in February, flat compared with the year-ago period, analyst Horst Schneider wrote in a note. This is well above the trough of the 70-million-unit rate in September 2021.

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