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GlobalData revises forecasts down on Middle East conflict
Yahoo Finance· 2026-03-24 18:03
The conflict in the Middle East has continued to be a focus of concern through March 2026, and certainly since GlobalData’s Global Light Vehicle Sales Forecast (G LVSF) was published on March 10th, 2026. At the time of the G LVSF publication, we had reduced the forecast for the next few years to capture the evolving events. That adjustment focused on lowering the Middle East Light Vehicle (LV) forecasts. For 2026, we reduced the Middle East LV forecast by 12.5%, from 3.1 mn units to 2.7 mn units. Roughly ...