In 2020, light vehicle sales worldwide declined by almost ** percent. By 2024, the market had increased well over pre-pandemic levels, despite supply chain issues, surges in automotive layoffs, and strikes in North America. In North America, around **** million light vehicles were sold in 2024. Light vehicle sales were to be around **** million units in the United States, North America's largest market, up from around **** million units one year earlier. Semiconductors Thrive Amidst the brewing tension brought forth due to the COVID-19 pandemic and global conflict, the semiconductor supply chain saw significant disruptions. Seemingly, one would expect that particular industry to have suffered greatly from such disruptions, but despite everything, global semiconductor industry revenue actually increased during 2020 and beyond, going from *** billion U.S. dollars in 2019 up to *** billion in 2022. In 2023, and even more so in 2024, the demand for semiconductors has surged, with companies like NVIDIA having nearly *** trillion U.S. dollars of market capitalization. Automotive Supply Global automotive suppliers, such as Bosch and Denso, suffered losses during the same period of instability in recent years, where the top 10 leading global automotive suppliers saw decreases in revenue from *** billion U.S. dollars in 2019 to *** billion dollars in 2020. These revenues bounced back in 2021 and beyond, reaching *** billion dollars in 2022. In particular, the earnings before interest and taxes (EBIT) margins of nearly every automotive supply segment have bounced back from the reported disruptions; this includes original equipment manufacturers, and software suppliers.

Strong growth in developing economies, like the BRICS and ASEAN member nations, has driven revenue for global car dealers despite slowdowns in established economies, like North America and Europe. Developed economies focus largely on value-added car purchases, while emerging markets focus primarily on volume. The transition to SUVs and crossovers with more safety and entertainment features has driven growth; in particular, these models' surging adoption rates have created numerous growth opportunities in developing economies. Even so, climbing interest rates across most key markets and faltering global consumer sentiment have somewhat constrained post-pandemic growth. Overall, revenue has expanded at an expected CAGR of 0.7% to $4.4 trillion through the current period, including a 2.1% jump in 2024, where profit reached 2.3%. Supply chain disruptions made new cars significantly more expensive, increasing inventory costs. Similarly, semiconductor and electronic component shortages reduced supply, leaving dealers with limited inventories. Even so, dealers were largely able to leverage torrid demand and pass added costs onto buyers, creating opportunities for revenue and profit growth. Volatile oil supply chains amid the Russia-Ukraine conflict also contributed to swelling demand for more fuel-efficient vehicles. Companies have also integrated online services to make the car-buying process simpler and more accessible, enabling them to combat heightened competition and access a wider network of buyers. The penetration of online platforms has transformed the car sales landscape, favoring larger dealership franchises over independent companies. Car dealers will continue to contend with substitutes, even as economic conditions improve and consumer sentiment rebounds through the outlook period. Government incentives and upstream innovations will also spur demand for electric and hybrid vehicles, generating strong per-unit revenue from dealers. Even so, slowing EV adoption rates in North America may dampen this segment's growth potential. Consumer preferences will also continue to trend toward online vehicle shopping, which provides convenience and efficiency to busy consumers, creating greater competition with various online dealers. Overall, revenue will climb at an expected CAGR of 2.5% to $4.9 trillion through the outlook period, where profit will reach 2.3%.

The Asia-Oceania and the Middle East region was the world's largest market for passenger and commercial vehicles, with sales amounting to nearly **** million units in 2022. The region dwarfed all other markets, with China representing more than half of the regional sales that year. China leads the way in the electrification of the market The Asia-Oceania and the Middle East market was dominated by automobile sales. Passenger car sales contributed to ***** percent of the sales in the region in 2022, and were also the leading motor vehicle segment worldwide in that same year. China, the main market in the region, led the way in the electric mobility sector. In 2022, it is estimated that over **** million plug-in electric vehicles were in use in the country, with sales of this type of vehicles reaching an all-time high in that same year. The electric vehicle market worldwide is tipped to reach revenues over ****** billion U.S. dollars by 2028. Leading automakers in close competition Globally, Volkswagen Group and Toyota Motor are the leading carmakers in terms of revenue. The Japanese auto giant generated almost ***** trillion Japanese yen in revenue in its 2023 fiscal year. The U.S.-based Tesla has also recorded a steep growth throughout 2022, as the brand with the highest brand value growth worldwide across sectors. Tesla was the second market leader in plug-in electric vehicle sales, with worldwide market shares close to ** percent in 2022. The brand was however edged out by China-based BYD, which surpassed Tesla due to its large sales volume of plug-in hybrid electric vehicles.

China is the world's largest automotive market: Chinese motorists purchased around **** million passenger cars in 2024. India was the second-largest market for passenger cars in Asia. Hit by the pandemic The global automotive industry was severely affected by the coronavirus pandemic in 2020. Seemingly led by pent-up demand for cars when lockdowns were lifted, vehicle sales in the U.S. and other large markets worldwide have been showing signs of improvement since the third quarter of 2020. However, this was not enough to offset a decline in global car sales by the end of 2020. According to the source, passenger cars are motor vehicles with at least four wheels, used for the transport of passengers, and comprising no more than eight seats in addition to the driver's seat. Global car sales declined overall in 2020. The global automotive semiconductor shortage further impacted vehicle inventory in 2021 and 2022, as supply chain disruptions led to **** million vehicles being removed from production worldwide. Short-range outlook Worldwide light vehicle sales are projected to increase by *** percent in 2025. Several factors could lead to a downturn in sales - among them, the potential tariffs on automotive products put in place by the Trump Administration in the United States, North America's largest car market. Additionally, the steady rise in autonomous and electric vehicle sales and related changes in the supply chain are likely to affect the industry in the next years.

Autos include all passenger cars, including station wagons. The U.S. Bureau of Economic Analysis releases auto and truck sales data, which are used in the preparation of estimates of personal consumption expenditures.

Total Vehicle Sales in the United States decreased to 15.65 Million in May from 17.27 Million in April of 2025. This dataset provides the latest reported value for - United States Total Vehicle Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2018, about 511,500 cars were sold in Florida, making it the second best performing state in terms of car sales. Car sales are losing popularity in the United States with more motorists preferring other segments such as small trucks, SUVs, and minivans. Overall, some 1.3 million light vehicles were sold to customers in Florida in 2018. California dominates traditional and electric car sales California is not only the largest market for cars but also for plug-in electric vehicles. The state is known for progressive state legislation that promotes the manufacturing and sale of electric vehicles. It is also the home to the Tesla headquarters. The company is behind much of the growth of electric vehicles in the United States. Over 4.7 percent of California’s new vehicle sales in 2018 were electric vehicles. The Californian electric vehicle fleet is expected to surpass three million vehicles by 2030. With so many electric vehicles on the road, heavy investments must be made into electric vehicle infrastructure. An extensive network of charging stations has been set up along highways between Mexico and Canada. The ‘West Coast Green Highway’ consists of hundreds of fast chargers in California, Oregon, and Washington. Pacific Coast states accounted for over half of all U.S. electric vehicle sales in 2018.

Application and use cases

1 )Market Analysis: Evaluate overall trends and regional variations in car sales to assess manufacturer performance, model preferences, and demographic insights. 2) Seasonal Patterns and Competitor Analysis: Investigate seasonal and cyclical patterns in sales. 3) Forecasting and Predictive Analysis Use historical data for forecasting and predict future market trends. Support marketing, advertising, and investment decisions based on insights. 4) Supply Chain and Inventory Optimization: Provide valuable data for stakeholders in the automotive industry.

This dataset provides values for TOTAL VEHICLE SALES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Around 49 percent of car owners in the United States can be found in Southern United States. Although there are many cultural differences, the geography of these regions make car ownership more or less practical: the North East is more densely populated with cities that have public transport.

Graph and download economic data for Motor Vehicle Retail Sales: Domestic Autos (DAUTOSA) from Jan 1967 to May 2025 about headline figure, vehicles, retail trade, domestic, new, sales, retail, and USA.

In 2024, from January to September, Indonesia had the highest number of motor vehicle sales among Southeast Asian countries, with over *** thousand vehicles sold. During the same period, more than *** thousand motor vehicles were sold in Malaysia. The landscape of the ASEAN automotive industry While Indonesia leads in domestic sales of motor vehicles, Thailand emerged as the production powerhouse in Southeast Asia, manufacturing over **** million motor vehicles in 2023. Its production capacity reinforces Thailand’s position as the leading exporter of passenger cars in Southeast Asia and the fourth-largest exporter in the Asia-Pacific region, only behind Japan, China, and South Korea. Notably, in 2023, the Philippines saw the highest year-on-year growth in motor vehicle sales in Southeast Asia, followed by Malaysia, while both Indonesia and Thailand experienced a decline. Southeast Asia’s local brand - VinFast Unlike most Southeast Asian manufacturers, which produce vehicles in partnership with global automotive brands, Vietnam’s first automobile maker VinFast emerged as a unique player in the region’s automotive market. Founded in 2017 by Vingroup conglomerate, VinFast originally debuted with gasoline-powered vehicles, yet quickly pivoted toward electric vehicles. VinFast’s revenue reached over **** trillion Vietnamese dong (about *** billion U.S. dollars) in 2023, nearly ****** the revenue in 2022. While most of its revenue comes from the domestic market, VinFast has established its presence in Canada and the U.S. and plans further expansion into European markets. The company has contributed significantly to transforming Vietnam’s automotive industry, as well as to the country’s transition to greener mobility.

Graph and download economic data for Motor Vehicle Retail Sales: Domestic and Foreign Autos (LAUTONSA) from Jan 1976 to May 2025 about foreign, vehicles, retail trade, domestic, new, sales, retail, and USA.

Graph and download economic data for Monthly State Retail Sales: Motor Vehicle and Parts Dealers in New York (MSRSNY441) from Jan 2019 to Feb 2025 about dealers, parts, vehicles, retail trade, NY, sales, retail, and USA.

Key information about Russia Motor Vehicle Sales: Passenger Cars

• Russia Motor Vehicle Sales: Passenger Cars was reported at 1,049,917.000 Unit in Dec 2023.
• This records an increase from the previous number of 629,923.000 Unit for Dec 2022.
• Russia Motor Vehicle Sales: Passenger Cars data is updated yearly, averaging 1,567,743.000 Unit from Dec 2005 to 2023, with 19 observations.
• The data reached an all-time high of 2,897,459.000 Unit in 2008 and a record low of 629,923.000 Unit in 2022.
• Russia Motor Vehicle Sales: Passenger Cars data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
• The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVS: Motor Vehicle Sales: by Country and Type: Passenger Car (PC).

Total Vehicle Sales in China decreased to 2686 Units in May from 2590000 Units in April of 2025. This dataset provides - China Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Number of units and total sales of new motor vehicles by vehicle type and origin of manufacture, monthly.

Graph and download economic data for Monthly State Retail Sales: Motor Vehicle and Parts Dealers in California (MSRSCA441) from Jan 2019 to Mar 2025 about dealers, parts, vehicles, retail trade, CA, sales, retail, and USA.

Key information about United States Motor Vehicles Sales Growth

• United States Motor Vehicles Sales dropped 1.0 % in Feb 2025, compared with a growth of 2.8 % in the previous month.
• US Motor Vehicles Sales Growth rate is updated monthly, available from Jan 1977 to Feb 2025, with an average growth rate of 1.8 %.
• The data reached an all-time high of 109.5 % in Apr 2021 and a record low of -45.9 % in Apr 2020.
• Car Sales of US recorded 1,253,157.0 units in Feb 2025.

Graph and download economic data for Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Illinois (MSRSIL441) from Jan 2019 to Feb 2025 about dealers, parts, IL, vehicles, retail trade, sales, retail, and USA.