Worldwide car sales grew to around 78 million automobiles in 2024, up from around 75.3 million units in 2023. Throughout 2020 and 2021, the sector experienced a downward trend on the back of a slowing global economy, while COVID-19 and the Russian war on Ukraine contributed to shortages in the automotive semiconductor industry and further supply chain disruptions in 2022. Despite these challenges, 2023 and 2024 sales surpassed pre-pandemic levels and are forecast to keep rising through 2025. Covid-19 hits car demand It had been estimated pre-pandemic that international car sales were on track to reach 80 million. While 2023 sales are still far away from that goal, this was the first year were car sales exceeded pre-pandemic values. The automotive market faced various challenges in 2023, including supply shortages, automotive layoffs, and strikes in North America. However, despite these hurdles, the North American market was among the fastest-growing regions in 2024, along with Eastern Europe and Asia, as auto sales in these regions increased year-on-year. Chinese market recovers After years of double-digit growth, China's economy began to lose steam in 2022, and recovery has been slow through 2023. China was the largest automobile market based on sales with around 25.8 million units in 2023. However, monthly car sales in China were in free-fall in April 2022 partly due to shortages, fears over a looming recession, and the country grappling with the COVID-19 pandemic. By June of that same year, monthly sales in China were closer to those recorded in 2021.

The U.S. auto industry sold nearly three million cars in 2024. That year, total car and light truck sales were approximately 15.9 million in the United States. U.S. vehicle sales peaked in 2016 at roughly 17.5 million units. Pandemic impact The COVID-19 pandemic deeply impacted the U.S. automotive market, accelerating the global automotive semiconductor shortage and leading to a drop in demand during the first months of 2020. However, as demand rebounded, new vehicle supply could not keep up with the market. U.S. inventory-to-sales ratio dropped to its lowest point in February 2022, as Russia's war on Ukraine lead to gasoline price hikes. During that same period, inflation also impacted new and used car prices, pricing many U.S. consumers out of a market with increasingly lower car stocks. Focus on fuel economy The U.S. auto industry had one of its worst years in 1982 when customers were beginning to feel the effects of the 1973 oil crisis and the energy crisis of 1979. Since light trucks would often be considered less fuel-efficient, cars accounted for about 77 percent of light vehicle sales back then. Thanks to improved fuel economy for light trucks and cheaper gas prices, this picture had completely changed in 2020. That year, prices for Brent oil dropped to just over 40 U.S. dollars per barrel. The decline occurred in tandem with lower gasoline prices, which came to about 2.17 U.S. dollars per gallon in 2020 - and cars only accounted for less than one-fourth of light vehicle sales that year. Four years on, prices are dropping again, after being the highest on record since 1990 in 2022.

At around 948,000 unit sales, light trucks remained the largest U.S. auto market segment in September 2024, down from around 1.2 unit sales in October 2024 and decreasing by approximately 11.2 percent year-on-year. Global chip shortage affects supply The second quarter of 2020 saw a significant drop in automotive sales volume compared to the year before. Most of the disruption was seen in May, before restrictions to curtail the coronavirus pandemic were lifted. Sales showed signs of recovery in the following months, before dropping again in 2021. The industry's inventory-to-sales ratio nosedived in May 2020, and has not fully recovered since. Supply issues were not felt as strongly across the automotive sector, while car demand was low due to national lockdowns brought on by the pandemic. However, as consumers' purchasing intentions picked up, vehicle stocks could not meet the new demand due to chip shortages, which led to production halts and cuts. U.S. vehicle sales gain momentum thanks to light truck sales As the year 2020 came to an end, motor vehicle sales in the United States finished on a high note. Following the Covid-19 disruption, the U.S. auto sector began to recover in the third quarter. However, the semiconductor shortage and global inflation further impacted sales in 2021 and 2022. In contrast, 2023 was an encouraging year. U.S. motor vehicle sales grew to over 15.5 million that year, which was the highest it had been since the onset of the pandemic. This jump in sales was partly due to light truck retail sales, which exceeded their pre-pandemic level in 2023.

Car Registrations in Indonesia increased to 72295 Units in February from 61849 Units in January of 2025. This dataset provides - Indonesia Total Car Sales - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Report Covers Used Car Dealership Industry Analysis and is Segmented by Vendor Type (Organized and Unorganized), Fuel Type (Petrol, Diesel, Electric, and Others), Body Type (Hatchback, Sedan, and Sports Utility Vehicles and Multi-Purpose Vehicles), and Sales Channel (Online and Offline). The Report Offers Market Size and Forecasts for United States Used Car Market in Value (USD Billion) for all the Above Segments.

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

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

Being one of the largest automotive sectors, India had over 326 million registered vehicles as of financial year 2020. It was the largest producer of two-wheelers across the globe in 2023. The market within the country was also dominated by this segment. In financial year 2024, over 17.97 million units of two-wheelers were sold domestically across the south Asian country. A decline in the sales volume of two-wheelers has been witnessed between 2020 and 2022. Hero MotoCorpHero MotoCorp had the maximum share in the two-wheeler segment in India. The company was the worldwide leader in two-wheeler manufacturing. The company has taken up the initiative of manufacturing electric scooters and bikes. To reduce the high battery costs that create a significant cost difference between the petrol and the battery variants, the Indian government has introduced the National Programme on Advanced Chemistry Cell (ACC) in 2022 to inventivize batery manufacturing. Two-wheeler market outlookThe Indian government has set a target to electrify a major proportion of the two-wheelers within the nation. However, the manufacturers have encouraged the government to adopt more ‘realistic’ expectations, as the former’s scheme would mean the electrification of over two million vehicles. With the two-wheeler industry estimated to grow at over nine percent in the next few years, more investments in the clean energy sector could pave a way for the domestic market.

Total Vehicle Sales in Spain increased to 105346 Units in December from 83339 Units in November of 2024. This dataset provides the latest reported value for - Spain New Car Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Florida (MSRSFL441) from Jan 2019 to Nov 2024 about dealers, parts, vehicles, retail trade, FL, sales, retail, and USA.

Key information about Iraq Motor Vehicle Sales: Passenger Cars

• Iraq Motor Vehicle Sales: Passenger Cars was reported at 51,103.000 Unit in Dec 2019.
• This records an increase from the previous number of 32,309.000 Unit for Dec 2018.
• Iraq Motor Vehicle Sales: Passenger Cars data is updated yearly, averaging 33,500.000 Unit from Dec 2005 to 2019, with 15 observations.
• The data reached an all-time high of 80,000.000 Unit in 2012 and a record low of 2,000.000 Unit in 2005.
• Iraq 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).

In 2024, the auto industry in the United States sold approximately 15.9 million light vehicle units. This figure includes retail sales of about three million passenger cars and just under 12.9 million light trucks. Lower fuel consumption There are many kinds of light vehicles available in the United States. Light-duty vehicles are popular for their utility and improved fuel economy, making them an ideal choice for savvy consumers. As of Model Year 2023, the light vehicle manufacturer with the best overall miles per gallon was Kia, with one gallon of gas allowing for 30.4 miles on the road. Higher brand satisfaction When asked about light vehicle satisfaction, consumers in the United States were most satisfied with Toyota, Subaru, Tesla, and Mercedes-Benz models. Another survey conducted in 2018 and quizzing respondents on their stance regarding the leading car brands indicated that Lexus was among the most dependable brands based on the number of problems reported per 100 vehicles.

Car Registrations in India decreased to 377689 Units in February from 399386 Units in January of 2025. This dataset provides - India Car Sales - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Total Vehicle Sales in Turkey increased to 90730 Units in February from 68654 Units in January of 2025. This dataset provides the latest reported value for - Turkey Total Vehicle Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Total Vehicle Sales in Australia increased to 94993 Units in February from 86804 Units in January of 2025. This dataset provides the latest reported value for - Australia New Car Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Car Registrations in Canada decreased to 121628 Units in January from 135511 Units in December of 2024. This dataset provides - Canada Total New Cars - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The automotive sales software market is projected to reach $XX million by 2033, expanding at a CAGR of XX% from 2023 to 2033. The market is primarily driven by the increasing adoption of digital technologies in the automotive industry, the need for efficient management of sales operations, and the growing demand for personalized customer experiences. Additionally, the rise of connected cars and the integration of artificial intelligence (AI) and machine learning (ML) technologies are further fueling market growth. Key market players include Cox Automotive, CDK Global, Reynolds and Reynolds, Solera, and Dominion Enterprise. These companies offer a range of software solutions that cater to the diverse needs of automotive dealerships, manufacturers, and other stakeholders in the industry. The market is segmented by application, including manufacturer retail store, auto part wholesaler & agent, automotive dealer, and others. By type, the market is divided into dealer management systems, inventory solutions, and others. Geographically, the market is analyzed across North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Motor Vehicle sales by county and quarter for some counties in Colorado since 2010. This data set is provided by the Department of Revenue (DOR).

Key information about United States Motor Vehicle Sales: Passenger Cars

• United States Motor Vehicle Sales: Passenger Cars was reported at 3,116,647.000 Unit in Dec 2023.
• This records an increase from the previous number of 2,858,575.000 Unit for Dec 2022.
• US Motor Vehicle Sales: Passenger Cars data is updated yearly, averaging 6,089,403.000 Unit from Dec 2005 to 2023, with 19 observations.
• The data reached an all-time high of 7,761,592.000 Unit in 2006 and a record low of 2,858,575.000 Unit in 2022.
• US 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).

The North America Automotive Industry is Segmented by Vehicle Type (Passenger Cars, Commercial Vehicles (Light Commercial Vehicles and Medium and Heavy Commercial Vehicles), and Two-wheelers) and Geography (United States, Canada, and the Rest of North America). The report offers market size and forecast in value (USD million) for the above segments.