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.
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.
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.
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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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Graph and download economic data for Motor Vehicle Retail Sales: Domestic Autos (DAUTOSA) from Jan 1967 to Feb 2025 about headline figure, vehicles, retail trade, domestic, new, sales, retail, and USA.
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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).
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.
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Key information about Brazil Motor Vehicle Sales: Passenger Cars
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Key information about Iraq Motor Vehicle Sales: Passenger Cars
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Total Vehicle Sales in China decreased to 2423000 Units in January from 3489000 Units in December of 2024. This dataset provides - China Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The market size of the Automotive High Performance Electric Vehicles Sales Market is categorized based on Type (Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV)) and Application (Sports Cars, Luxury Cars) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
This report provides insights into the market size and forecasts the value of the market, expressed in USD million, across these defined segments.
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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.
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Discover how U.S. new vehicle sales are anticipated to grow by 7.3% in December despite economic challenges, with insights on market trends and future outlook.
Number of units and total sales of new motor vehicles by vehicle type and origin of manufacture, monthly.
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The size and share of the market is categorized based on Type (LCD, OLED, ) and Application (Passenger Cars, Commercial Vehicles, ) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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China Automobile: Sales: by Enterprise: BYD data was reported at 514,809.000 Unit in Dec 2024. This records an increase from the previous number of 503,968.000 Unit for Nov 2024. China Automobile: Sales: by Enterprise: BYD data is updated monthly, averaging 39,029.000 Unit from Jan 2006 (Median) to Dec 2024, with 223 observations. The data reached an all-time high of 514,809.000 Unit in Dec 2024 and a record low of 3,649.000 Unit in Feb 2007. China Automobile: Sales: by Enterprise: BYD 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: By Enterprise.
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The size and share of the market is categorized based on Type (Semi-autonomous, Autonomous, ) and Application (Passenger Vehicles, Commercial Vehicles, ) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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The global automotive e-retail market is experiencing robust growth, driven by the increasing adoption of online platforms for vehicle purchasing and related services. The market's Compound Annual Growth Rate (CAGR) of 17.49% from 2019 to 2024 indicates significant expansion, and this trend is expected to continue through 2033. Key drivers include the convenience and transparency offered by online platforms, the growing preference for contactless transactions, and the increasing use of data analytics to personalize the customer experience. Emerging trends like virtual showrooms, augmented reality (AR) for vehicle visualization, and subscription-based vehicle ownership models are further fueling market growth. While challenges remain, such as cybersecurity concerns and the need for robust logistics infrastructure to handle online vehicle deliveries, the overall outlook for the automotive e-retail market remains positive. The segmentation of the market into various vehicle types (e.g., passenger cars, commercial vehicles) and applications (e.g., new car sales, used car sales, parts and accessories) provides valuable insights into specific growth areas. Leading companies like Alibaba, AutoNation, and eBay are leveraging strategic partnerships, technological innovation, and strong consumer engagement strategies to solidify their market positions. Regional variations in market penetration are evident, with North America and Asia Pacific exhibiting particularly strong growth, driven by factors like higher internet penetration and consumer spending power. The competitive landscape is characterized by both established players and emerging startups vying for market share through differentiated offerings and innovative business models. Future growth hinges on effectively addressing consumer concerns regarding online transactions, improving the overall digital customer journey, and continuously adapting to evolving technological advancements. The continued success of the automotive e-retail market requires addressing several key restraints. These include building trust and transparency in online transactions, ensuring secure online payment gateways, and overcoming logistical challenges associated with delivering vehicles across vast geographical areas. Effective cybersecurity measures are crucial to protect sensitive consumer data, while addressing concerns about the authenticity and quality of used vehicles sold online is paramount. Furthermore, integrating online and offline sales channels seamlessly to provide a cohesive customer experience remains a challenge. Strategies to overcome these restraints include investing in secure online platforms, developing robust logistics networks, implementing transparent pricing and vehicle history reporting mechanisms, and employing sophisticated fraud detection systems. The automotive e-retail market must actively build consumer confidence through user-friendly interfaces, reliable customer service, and transparent return policies. Ultimately, success in this dynamic market requires a balanced approach, incorporating technological innovation with a customer-centric strategy that prioritizes trust and convenience.
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The Report Includes Africa's Automotive Market Share and Car Sales by Country. The Market is Segmented by Vehicle Type (Passenger Cars and Commercial Vehicles) and Country (South Africa, Morocco, Algeria, Egypt, Nigeria, Ghana, Kenya, and the Rest of Africa). The Report Offers Market Size and Forecasts for all the Above Segments in Terms of Value (USD).
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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.
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.