Global light vehicle (LV) sales reached 79.9 million units in 2022, registering 1.3% lower sales than in 2021. China was the top-selling region with 25.7 million units, ahead of the United States at 13.9 million and Japan at 4.1 million. The Russo-Ukrainian War resulted in production delays owing to part supply delays and semiconductor shortages, leading original equipment manufacturers (OEMs) to skip certain advanced driver-assistance system (ADAS) features to avoid delays in vehicle deliveries.
• What are the regional sales of global light vehicles, including key highlights of 2022 and the top developments driving the sector in 2023?
• How do the changing customer needs in areas such as gamification, productivity, and entertainment inside the vehicle impact this landscape's growth?
• How does the shift towards connected features, digitization, and autonomy drive sales?
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