Data compiled by ING suggests that Europe and the US will stagnate in 2025, missing out on growth achieved in China and South America. By Will Girling
Research published on 2 September 2025 by ING forecasts that global passenger vehicle sales will reach 90 million by year’s end, up just 1.5% from 2024. Though this is flat compared to the 10% increase seen between 2022 and 2023, and remains well below pre-pandemic levels, the company highlights that geopolitical volatility hasn’t yet dealt a lethal blow.
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