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.
Worldwide car sales grew to around ** million automobiles in 2024, up from around **** 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 and 2026. Covid-19 hits car demand It had been estimated pre-pandemic that international car sales were on track to reach ** 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 **** 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.
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Total Vehicle Sales in the United States decreased to 16.10 Million in August from 16.40 Million in July 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.
The U.S. auto industry sold nearly ************* cars in 2024. That year, total car and light truck sales were approximately ************ in the United States. U.S. vehicle sales peaked in 2016 at roughly ************ 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 ** 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 ** U.S. dollars per barrel. The decline occurred in tandem with lower gasoline prices, which came to about **** 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.
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View monthly updates and historical trends for US Total Vehicle Sales. from United States. Source: Bureau of Economic Analysis. Track economic data with Y…
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.
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Total Vehicle Sales in China increased to 2857000 Units in August from 2593000 Units in July of 2025. This dataset provides - China Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Number of units and total sales of new motor vehicles by type of vehicle, annual.
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.
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Key information about United States Motor Vehicles Sales Growth
In 2023, the highest commercial vehicle sales were recorded in the United States, with nearly 12.9 million units of vehicles. Following, China, the second-biggest market for such vehicles, registered approximately 4.03 million units in sales.
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Total Vehicle Sales in Chile increased to 27462 Units in August from 26909 Units in July of 2025. This dataset provides - Chile Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The average for 2023 based on 57 countries was 1102394 passenger cars. The highest value was in China: 26062824 passenger cars and the lowest value was in Bulgaria: 35764 passenger cars. The indicator is available from 2005 to 2023. Below is a chart for all countries where data are available.
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Key information about Canada Motor Vehicles Sales Growth
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Graph and download economic data for Motor Vehicle Retail Sales: Domestic Autos (DAUTOSA) from Jan 1967 to Aug 2025 about headline figure, vehicles, retail trade, domestic, new, sales, retail, and USA.
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China Automobile: Sales: Sedan data was reported at 11,516,926.000 Unit in 2024. This records an increase from the previous number of 11,490,136.000 Unit for 2023. China Automobile: Sales: Sedan data is updated yearly, averaging 9,714,273.500 Unit from Dec 1998 (Median) to 2024, with 26 observations. The data reached an all-time high of 12,376,702.000 Unit in 2014 and a record low of 508,497.000 Unit in 1998. China Automobile: Sales: Sedan data remains active status in CEIC and is reported by China Association of Automobile Manufacturers. The data is categorized under China Premium Database’s Automobile Sector – Table CN.RAB: Automobile Sales: Annual. This sales data comes from the yearbook of China Association of Automobile Manufacturers (CAAM). As the published data are not directly processed by the statistical department of the association, the data is different from the data released directly by the association, especially the earlier historical data.
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China Automobile: Sales: CC: Gasoline data was reported at 1,039,247.000 Unit in 2024. This records a decrease from the previous number of 1,287,240.000 Unit for 2023. China Automobile: Sales: CC: Gasoline data is updated yearly, averaging 846,452.000 Unit from Dec 2004 (Median) to 2024, with 21 observations. The data reached an all-time high of 1,399,496.000 Unit in 2020 and a record low of 384,022.000 Unit in 2004. China Automobile: Sales: CC: Gasoline data remains active status in CEIC and is reported by China Association of Automobile Manufacturers. The data is categorized under China Premium Database’s Automobile Sector – Table CN.RAB: Automobile Sales: Annual.
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Key information about Panama Motor Vehicles Sales
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Total Vehicle Sales in Thailand decreased to 47622 Units in August from 49102 Units in July of 2025. This dataset provides - Thailand Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, around 27.45 million vehicles were sold globally. This is an increase of around 13.3 percent compared to 2022 sales. The United States is the largest market for commercial vehicles that year.
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.