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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, elevated interest rates across many key markets and mixed global consumer sentiment have somewhat constrained post‑pandemic growth. Overall, revenue has expanded at an expected CAGR of 2.2% to $4.3 trillion through the current period, including 1.8% growth in 2025, with profit supported by disciplined pricing and a balanced new‑used‑service mix. Supply chain disruptions lifted vehicle prices and inventory costs, and while semiconductor availability has improved, trim constraints and logistics volatility persist, moderating pricing power as incentives return. Dealers maintained revenue and profit by leaning on certified used, faster‑turning trims and transparent payment tools, while volatile oil markets reinforced demand for fuel‑efficient powertrains. Omnichannel capabilities—digital pricing, instant trade valuations, e‑signing and remote delivery—have reshaped sales, favoring scaled dealership groups over independents. 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, although hybrids are likely to outpace EVs where charging remains uncertain. 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 and marketplaces. Overall, revenue is expected to climb at a CAGR of 1.7% to $4.7 trillion through 2030.
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Total Vehicle Sales in the United States decreased to 15.30 Million in October from 16.40 Million in September 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.
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TwitterAutos 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.
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TwitterIn 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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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.
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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.
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China Automobile: Sales data was reported at 31,436,193.000 Unit in 2024. This records an increase from the previous number of 30,093,698.000 Unit for 2023. China Automobile: Sales data is updated yearly, averaging 18,905,774.500 Unit from Dec 1999 (Median) to 2024, with 26 observations. The data reached an all-time high of 31,436,193.000 Unit in 2024 and a record low of 1,831,905.000 Unit in 1999. China Automobile: Sales 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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TwitterIn 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 France Motor Vehicle Sales: Commercial Cars
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Discover the booming automotive e-retail market! This comprehensive analysis reveals a $28 billion market in 2025, growing at a 15.3% CAGR through 2033. Learn about key drivers, trends, challenges, and top players like Alibaba, eBay, and Autonation shaping the future of online car buying.
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BCC Market Research Report for Automotive Sales. Get North American Car Sales by Model for United States, Canada and Mexico from January 2015 to December 2019.
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US Used Car Market Size 2025-2029
The US used car market size is forecast to increase by USD 40.2 billion, at a CAGR of 4.3% between 2024 and 2029.
The used car market in the US is witnessing significant growth, driven by the excellent value proposition that used cars offer to consumers. The increasing popularity of websites dedicated to selling used cars has expanded market reach and convenience, allowing consumers to browse and purchase vehicles online. Stringent emission regulations are restricting the sales of non-compliant used cars, necessitating investments in upgrading and maintaining commercial vehicle fleets to meet regulatory requirements. These regulations necessitate investments in emission testing and certification processes, increasing operational costs for dealers. To capitalize on opportunities, dealers can focus on offering certified pre-owned vehicles and implementing robust emission testing procedures.
Additionally, leveraging digital marketing strategies and offering flexible financing options can help attract and retain customers. Overall, the used car market presents both challenges and opportunities for players, requiring strategic planning and innovation to succeed.
What will be the size of the US Used Car Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The used car market in the US continues to evolve, with various sectors adapting to emerging trends and technologies. Vehicle data analysis plays a pivotal role in understanding vehicle depreciation curves and return on investment for dealers. Payment processing systems streamline sales transactions, while sales performance metrics and customer lifetime value inform strategic decision-making. Fraud detection systems ensure compliance with legal standards, and insurance cost factors influence acquisition channel efficiency. Inventory turnover rate, a key performance indicator, varies across dealerships. Compliance audits and dealer training programs maintain legal compliance and improve customer satisfaction. Market penetration rate and resale value prediction help dealers optimize pricing models.
Consumer protection laws and financing product offerings shape customer trust and loyalty. Operating costs analysis, customer service feedback, and sales conversion rates contribute to profit margin calculation. Risk assessment models, employee performance metrics, marketing spend efficiency, and pricing model validation are essential for long-term success. A recent study reveals a 5% increase in sales for dealerships implementing advanced data analytics. Industry growth is expected to reach 3% annually, driven by these evolving market dynamics.
How is this market segmented?
The US used car market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Distribution Channel
3P channel sales
OEM channel sales
Product
Mid size
Full size
Compact size
Vendor Type
Organized
Unorganized
Fuel Type
Diesel
Petrol
Geography
North America
US
By Distribution Channel Insights
The 3P channel sales segment is estimated to witness significant growth during the forecast period.
The used car market in the US is an active and dynamic sector, driven by various factors. With the constant launch of new vehicle models, the supply of used cars increases, resulting in lower prices compared to new cars. This trend encourages car owners to sell their vehicles and upgrade to newer models, shortening the average ownership cycle. Online advertising platforms play a significant role in connecting buyers and sellers. Pre-purchase inspections and vehicle history reports ensure transparency and build trust. Repairs cost estimation and parts sourcing networks help in managing the expenses of used car ownership. Market segmentation strategies cater to different customer needs, while customer relationship management tools foster loyalty.
Emissions testing standards ensure the environmental sustainability of used vehicles. Auto appraisal value tools help in determining fair prices, and loan term comparison aids in financing decisions. Marketing campaign effectiveness is measured through customer acquisition cost and interest rate calculation. Mobile apps offer functionalities like mechanical inspection checklists, paint depth measurement, and damage assessment tools. Dealer inventory management, detailing services, and vehicle photography techniques enhance the sales process. Industry growth is expected to continue, with the used car market projected to expand by 3% annually. For instance, a dealership successfully increased its sales by 15% thr
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Market Size statistics on the Global Car & Automobile Sales industry in Global
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The Online Car Dealers industry flourished alongside the unique conditions associated with COVID-19, which boosted e-commerce sales across multiple industries. Lockdown restrictions limited access to in-person dealerships, forcing sales primarily online. Companies must strive to retain and convert first-time buyers into long-term, repeat sales. In many cases, online car sales are gaining favor among consumers that value convenience and efficiency. As more physical dealers incorporate online operations, competition has intensified as consumers can easily compare prices and features across websites. As a result, many online dealers have integrated various value-added services, like at-home test drives and virtual showrooms, to stave off competition. However, climbing interest rates and economic uncertainty have counteracted torrid e-commerce growth; consumers have pulled back on big-ticket purchases, like new or used cars, opting for repairs and maintenance. Overall, revenue has climbed at an expected CAGR of 4.7% to $50.9 billion through the current period, including a 2.0% jump in 2024, where profit will reach 0.3%. Supply disruptions also injected major volatility into the online industry. Semiconductor shortages contributed to massive new car shortages, forcing new car prices to skyrocket and leading to historic demand for used cars. Successful companies were able to leverage supplier connections and strong market positions to pass costs onto buyers, leading to torrid revenue growth. Regardless, the industry's intense competition prevents companies from significantly raising prices, forcing dealers to absorb costs and limiting profit. Expanding disposable income levels and consumer confidence will support new and used car sales through the outlook period. Upstream innovations will also encourage buyers to trade up to newer, more fuel-efficient and safer vehicles. Dealers must prioritize diverse inventories and customer satisfaction to attract and retain customers. These strategies will help online dealers differentiate from brick-and-mortar locations. Overall, revenue will expand at an expected CAGR of 2.8% to $58.4 billion, where profit will reach 0.3%.
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This dataset provides detailed information about car sales in India for the year 2024. It includes monthly sales figures for various car makes and models, along with additional metrics and attributes that help analyze market trends and performance. The dataset is ideal for data analysis, visualization, and understanding the automobile market dynamics in India.
Features: - Make: The manufacturer of the car - Model: The specific car model - January Sales to December Sales: Monthly sales data for each car model in 2024. - Total Sales: The cumulative sales for the entire year. - Segment: The market segment the car belongs to - Body Type: The type of car body - Month-on-Month Percentage (MoM %): Percentage change in sales compared to the previous month. - Year-on-Year Percentage (YoY %): Percentage change in sales compared to the same month in 2023.
Potential Use Cases: - Analyzing car sales trends over 2024. - Comparing performance of car models and manufacturers. - Studying market preferences for segments and body types. - Identifying seasonal trends in car sales. - Developing sales forecasts or business strategies for the automobile industry.
This dataset was sourced from Auto Punditz (https://www.autopunditz.com/). The website allows sharing the data but does not specify whether modifications are permitted. As a precaution, this dataset is shared under the CC BY-ND 4.0 license, which prohibits modification. Please refer to the original website's terms of use for more information.
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This Electric Vehicle (EV) Sales and Adoption dataset contains detailed records of electric vehicle sales, including vehicle details, region, customer segments, and sales metrics. It aims to help data enthusiasts and businesses forecast EV sales, analyze market trends, and derive insights to improve marketing and inventory strategies.
Data Aggregation: Combined from (fictional) public EV registration records, automotive dealership sales reports, and online retailer transactions.
Quality Control: Only confirmed EV transactions are included; partially-completed orders and canceled orders were filtered out.
Revenue Calculation: Reflects the final sale price after applying any applicable discounts or incentives.
Feature Engineering: Customer demographics (segment, region) are included to facilitate market segmentation analysis.
Sales Forecasting – Predict future EV sales volume based on regional and demographic patterns.
Market Trend Analysis – Identify which brands and vehicle types are most popular in specific regions.
Battery and Range Insights – Correlate battery capacity and fast-charging options with sales performance.
Consumer Behavior & Segmentation – Understand different customer segments' purchasing habits and price sensitivities.
Environmental Policy & Incentive Impact – Investigate how discounts or tax incentives affect adoption rates.
Date: Represents a month in YYYY-MM format.
Region: Geographic region where sales took place.
Brand: Automotive brand (e.g., Tesla, BYD, Volkswagen, etc.).
Model: Specific EV model name.
Vehicle_Type: Category (Sedan, SUV, Hatchback, etc.).
Battery_Capacity_kWh: Battery capacity in kilowatt-hours.
Discount_Percentage: Any discount applied to final sale (%).
Customer_Segment: Broad segmentation (High Income, Tech Enthusiast, Eco-Conscious, etc.).
Fast_Charging_Option: Indicates if the vehicle supports fast-charging.
Units_Sold: Total number of units sold (in train.csv).
Revenue: Total revenue from units sold (in train.csv).
This dataset is well-suited for machine learning, statistical analysis, and data visualization projects that address growing interest in electrification, sustainability, and emerging transportation technologies!
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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…
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The used car and refurbished car sales market is experiencing robust growth, driven by several factors. Increasing vehicle prices for new cars, coupled with economic uncertainty and fluctuating interest rates, are pushing consumers towards more affordable used car options. The rising popularity of online car marketplaces and improved vehicle refurbishment technologies have also contributed significantly to market expansion. The market is segmented by application (franchise dealerships, independent sellers, and others), and vehicle type (gasoline, diesel, biofuels, CNG, LPG, hybrid, and others). Key players in this dynamic market include established automotive brands like General Motors, Toyota, and BMW, as well as large automotive retailers such as Penske Automotive Group and CarMax, and online platforms like Auto Trader Group. Geographical variations exist, with North America and Europe currently representing significant market shares, although growth in Asia-Pacific, particularly in India and China, is expected to be substantial in the coming years. The market's future trajectory depends on economic conditions, technological advancements in vehicle refurbishment, and the evolving preferences of consumers regarding vehicle types and purchasing methods. While the precise market size for 2025 is unavailable, based on general market trends and considering a plausible CAGR (let's assume a conservative CAGR of 5% for illustrative purposes), a reasonable estimation of the global market size for used and refurbished car sales in 2025 could be in the range of $1.5 trillion. This estimation takes into account the significant volume of transactions occurring worldwide and the variety of vehicles involved. The growth is further fueled by the increasing demand for certified pre-owned vehicles, offering buyers peace of mind and confidence in their purchase. This segment is expected to see faster growth than the overall market, due to greater transparency and consumer trust. Continued innovation in areas like online auctions, digital inspections, and transparent pricing strategies will only accelerate this trend. Factors like stringent emission regulations and governmental policies influencing the lifecycle of vehicles will also impact the future market dynamics.
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Discover the booming automotive sales software market! Explore key trends, growth drivers, regional insights, and leading companies shaping this $15 billion industry. Learn about DMS, digital marketing solutions, and more – forecast to 2033.
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Number of Businesses statistics on the Global Car & Automobile Sales industry in Global
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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, elevated interest rates across many key markets and mixed global consumer sentiment have somewhat constrained post‑pandemic growth. Overall, revenue has expanded at an expected CAGR of 2.2% to $4.3 trillion through the current period, including 1.8% growth in 2025, with profit supported by disciplined pricing and a balanced new‑used‑service mix. Supply chain disruptions lifted vehicle prices and inventory costs, and while semiconductor availability has improved, trim constraints and logistics volatility persist, moderating pricing power as incentives return. Dealers maintained revenue and profit by leaning on certified used, faster‑turning trims and transparent payment tools, while volatile oil markets reinforced demand for fuel‑efficient powertrains. Omnichannel capabilities—digital pricing, instant trade valuations, e‑signing and remote delivery—have reshaped sales, favoring scaled dealership groups over independents. 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, although hybrids are likely to outpace EVs where charging remains uncertain. 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 and marketplaces. Overall, revenue is expected to climb at a CAGR of 1.7% to $4.7 trillion through 2030.