June Global Auto Sales: back to growth

Research evidence excerpt

June Global Auto Sales: back to growth

Global Foundation

July 24, 2026 09:18 AM GMT

Morgan Stanley Europe S.E., Madrid Branch+MGlobal Autos Javier Martinez de Olcoz Cerdan

Equity Analyst

June Global Auto Sales: back to Javier.Martinez.Olcoz@morganstanley.comMorgan Stanley & Co. International plc+ +34 9141-81289

Shaqeal A Kirunda

Equity Analystgrowth Shaqeal.Kirunda@morganstanley.com +44 20 7425-0736

Matias Rodriguez Florez-Estrada

Research Associate

Matias.Rodriguez@morganstanley.com +44 20 7425-1091

Key Takeaways Morgan Stanley & Co. LLC

Andrew S Percoco

Global market rising +4% in June. China under pressure again, offset by Europe, Equity Analyst

Andrew.Percoco@morganstanley.com +1 212 296-4322

EMs, Japan and US.

Daniela M Haigian

Premium market YoY share globally lagging behind again vs mass market sales. Equity Analyst

Daniela.Haigian@morganstanley.com +1 212 761-6071

2Q26 data vs Consensus: Tracker < Consensus 2Q26 and FY26 for all EU OEMs.

Morgan Stanley Asia Limited+

Tim Hsiao

Gaining global market share in June: China OEMs (again) > > > Suzuki (again), BYD Equity Analyst

(again) > Kia (again) > Tesla (again) > Stellantis > Renault. Tim.Hsiao@morganstanley.com +852 2848-1982

Shelley Wang, CFA

Losing global market share in June: VW group (again) > > > Nissan (again), MBG Equity Analyst

Shelley.Wang@morganstanley.com +852 3963-0047

(again) > Toyota (again), Ford (again) > BMW (again) > Honda (again) > Hyundai

Morgan Stanley India Company Private Limited+

(again) > JLR (again) > Porsche (again), GM (again) > Volvo (again).

Binay Singh

Gaining global market share MoM: China OEMs > Renault > VW group > Tesla Binay.Singh@morganstanley.com +91 22 6118-1158

(again) > Volvo, MBG, BMW > BYD (again) > Porsche. Sushrut Ghalsashi, CFA