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.

Total Vehicle Sales in the United States decreased to 15.30 Million in June from 15.70 Million in May 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 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.

Total Vehicle Sales in China increased to 2686000 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 type of vehicle, annual.

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).

In 2022, U.S. auto shoppers bought approximately 2.86 million autos. Meanwhile, light trucks accounted for more than 79 percent of light vehicles sold to individual customers and corporate fleets in the United States.

Sales of used light vehicles in the United States came to around **** million units in 2024. In the same period, approximately **** million new light trucks and automobiles were sold here. Declining availability of vehicles In the fourth quarter of 2024, about ***** million vehicles were in operation in the United States, an increase of around *** percent year-over-year. The rising demand for vehicles paired with an overall price inflation lead to a rise in new vehicle prices. In contrast, used vehicle prices slightly decreased. E-commerce: a solution for the bumpy road ahead? Financial reports have revealed how the outbreak of the coronavirus pandemic has triggered a shift in vehicle-buying behavior. With many consumer goods and services now bought online due to COVID-19, the automobile industry has also started to digitally integrate its services online to reach consumers with a preference for contactless test driving amid the global crisis. Several dealers and automobile companies had already begun to tap into online car sales before the pandemic, some of them being Carvana and Tesla.

In December 2024, the passenger car sales in the European Union increased year-on-year at a rate of 5.1 percent. Customers in the whole European market purchased around 1.09 million units in total. At some 224,700 units, Germany remained the leading market for passenger car sales in Europe that month. European auto market flip-flops Countries with strict lockdown measures saw a sharp drop in sales in 2020, as customers were restricted in travel and urged to stop all non-essential activity. The pandemic also brought down productivity in many sectors, including vehicle manufacturing. For months, pandemic-related restrictions had left many people out of work or meant that they were receiving only a portion of their normal income. Although the coronavirus pandemic continues to unfold, vaccine rollout was ramped up and sales of new passenger cars shot up significantly in the second quarter of 2021. However, the Delta variant made it more difficult to control the spread of the virus and there have been supply-chain insecurities throughout 2021, upending the positive trend. The global automotive semiconductor shortage further impacted vehicle production and sale, as inventories depleted. Pre-crisis sales Changes in tax regulations resulted in a peak in December 2019 and weak sales figures in January 2020. Registrations of new passenger cars in Europe's largest markets were already low due to consumer uncertainty and a weakening economy even before the coronavirus pandemic caused markets to tank in March and April 2020.

Car Registrations in European Union increased to 926582 Units in May from 925359 Units in April of 2025. This dataset provides - European Union Car Registrations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In financial year 2024, Maruti Suzuki sold approximately 1.6 million passenger cars across India. This made it the leading car manufacturer in terms of car sales in India, followed distantly by Hyundai and Tata. The automobile sector across India saw recovering from the impact of the coronavirus (COVID-19) pandemic in the same year. Is the Indian automobile market in trouble? There were more than 326 million vehicles registered in India in the financial year 2020. Vehicle registrations grew at a compound annual growth rate of over 10 percent between 2017 and 2020. However, due to economic slowdown, the introduction of new Bharat Stage Emission Standards VI (BS-VI) in 2019, and the impact of the coronavirus pandemic, the domestic sales of vehicles have been declining since the financial year 2020 for two consecutive years. This continued until the financial year 2023. New trend – electric vehicles With strong government support through policy initiatives such as the National Electric Mobility Mission Plan 2020 introduced in 2013, Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) in 2015, and further FAME phase II in 2019, India was aiming to achieve 30 percent private electric vehicle ownership. As two-wheelers were the most popular types of automobiles for the last decade, in the financial year 2023, the majority of electric vehicles sold in India were also two-wheelers. The demand for electric vehicles is expected to rise significantly in the future.

The India Used Car Market Report is Segmented by Vehicle Type (Micro/Hatchback, SUV, and More), Vendor Type (OEM-Certified Franchise, and More), Fuel Type (Petrol, Battery-Electric, and More), Vehicle Age (Less Than 3 Years, and More), Ownership Count (First-Owner, and More), Transmission (Manual and Automatic), Price Band, and Region. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

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.

In the fourth quarter of 2024, over ******* battery-electric vehicles were sold in the United States. This was a year-over-year increase of around **** percent compared to the sales recorded in the fourth quarter of 2023. The fourth quarter of 2024 also recorded a hike in sales compared to the third quarter of that same year, making it the best quarter for BEV sales in the country across the past two years. Global EV Race - Where does the U.S. stand? Over the last few years, consumers have perceived Electric Vehicles (EVs) as a far more appealing option due to their increased range, battery life, variety of models, and affordability. Therefore, the EV market has grown fast in recent years and is forecast to expand to *** trillion U.S. dollars in 2029. Though the global demand for electric cars has been escalating, American sales lag behind Europe and the Asia-Pacific regions. In 2023, Chinese customers bought around *** million plug-in EVs, considerably more than American customers' purchases,around *** million that year. China is the leader of the global EV race, with a substantial ** percent growth in sales year-on-year in 2023. However, given the market share of electric vehicles in the global automotive industry, this still can be anyone's race. Outlook of the U.S. market There is still a lack of interest in electric vehicles among American buyers compared to European and Asian consumers. In the first quarter of 2021, the share of the battery electric vehicle was **** percentage points more in Norway than in the U.S.. One of the main reasons is that American consumers still anticipate that EVs are more expensive than gasoline vehicles and diesel internal combustion engine cars (ICE). This perception is partially true in the U.S. since the battery production market is highly concentrated in Asia, where the companies have logistical advantages, leading automotive makers to offer better prices. On the other hand, high licensing fees for electric vehicles are another factor affecting the consumption behaviors of automobile purchasers. In many states, the licensing fees for electric cars are considerably higher than their ICE counterparts. EV licensing fees were around *** U.S. dollars compared to ** U.S. dollars for standard vehicles in Georgia in 2021. Together, these factors significantly impact the individual perception of electric cars in the United States.

India Motor Vehicle Sales: FY: Year to Date: Quarterly: DM: Commercial Vehicle (CV) data was reported at 956,671.000 Unit in Mar 2025. This records an increase from the previous number of 683,471.000 Unit for Dec 2024. India Motor Vehicle Sales: FY: Year to Date: Quarterly: DM: Commercial Vehicle (CV) data is updated quarterly, averaging 460,631.000 Unit from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 967,878.000 Unit in Mar 2024 and a record low of 31,636.000 Unit in Jun 2020. India Motor Vehicle Sales: FY: Year to Date: Quarterly: DM: Commercial Vehicle (CV) data remains active status in CEIC and is reported by Society of Indian Automobile Manufacturers. The data is categorized under Global Database’s India – Table IN.RAB003: Automobile Sales: Society of Indian Automobile Manufacturers (SIAM): Domestic.

In 2024, the Bayerische Motoren Werke AG (BMW) shipped over 2.45 million autos worldwide. BMW's major brands include BMW (automobiles and motorcycles), MINI, and Rolls Royce. BMW in the international market Headquartered in Munich, the German brand consistently ranked among the leading automotive manufacturers. As of June 2024, the BMW marque was the third most valuable automotive brand, right above its main competitor, Mercedes-Benz. BMW reports factories across the globe, including in the United Kingdom, the United States, Mexico, and China. The latter is becoming BMW's most important market: just under 30 percent of vehicle sales in 2024 were recorded in China. BMW also ranked second among the best-perceived car brands in the United States. The impact of the COVID-19 pandemic The luxury car market that BMW is a part of had been steadily increasing until 2019, reaching around 579 billion euros in 2024. This year-over-year drop in the market is also visible in BMW’s worldwide shipments, which declined by four percent year-over-year in 2024. BMW’s 2024 revenue, some 142.4 billion euros, reflected the impact of this change in the luxury market. BMW was the second leading luxury car brand in the U.S. in 2023, followed closely by Lexus, one of its main competitors in the sector.

In 2024, the Ford Motor Company sold about *** million vehicles to dealers and distributors worldwide. The U.S. market contributed about *** million units to this wholesale volume. Ford in the worldwide market Founded by Henry Ford in Detroit, in 1903, the Ford Motor Company was an early pioneer in vehicle manufacturing. This established Ford as one of the world’s first mass producers of automobiles. Recently, Ford has experienced some difficulties. In 2020, for the first time since 2008, the company recorded a net loss. This decline in income was partly the result of the COVID-19 pandemic, which put manufacturing at a standstill and led to a decrease in automobile demand. Despite these issues, the Ford brand consistently ranks as one of the highest valued automotive brands worldwide. Valued at around *** billion U.S. dollars, Ford Motor Company's namesake brand came eighth among the most valuable brands within the automotive sector worldwide in June 2024, right behind BYD. The F-Series: Ford's bestseller With around *** million sales in 2024, the United States was the leading market for Ford Motor Company’s Ford-branded vehicles. Among Ford’s model line-up is one of the world’s most popular vehicles: the F-150. The F-series has proven to be consistently one of the most popular light vehicle models in Canada and the United States over several decades, and ranks fourth in the best-selling cars and light trucks worldwide in 2024. The company further expanded its F-Series line-up with an all-electric version of the popular pickup, the F-150 Lightning truck.

In 2023, India was the fourth-largest vehicle market worldwide. With economic development reaching new milestones and a burgeoning middle class, the passenger car market in the nation was expected to see some large growth trends. The passenger car market in the south Asian country is very competitive, from both domestic and international manufacturers. Maruti Suzuki has emerged as the leading manufacturer in the country. The company sold over **** million vehicles domestically during fiscal year 2024. It was a visible increase in comparison with the previous year due to the impact of the coronavirus. In the passenger car market, three out of five bestselling units were owned by Maruti. Market outlook Passenger vehicles in the nation were the second most important vehicle segment in terms of sales, trailing the two-wheeler segment. The industry has been growing rapidly in order to cope up with the national and international demands for vehicles. Employment in the sector was close to ** million. Drive to the future Despite the tremendous growth possibilities of the automobile market, increased pressure on issues such as pollution from the vehicles and dependency on oil imports are likely to play a role in the future of the industry. The government is promoting the use of alternative fuels and the adoption of hybrid and electric vehicles. To streamline this switch, the goods and service tax on electric vehicles has been lowered to 12 percent as opposed to the 30-50 percent range for conventional fuel vehicles.

Key information about India Motor Vehicle Sales: Passenger Cars

• India Motor Vehicle Sales: Passenger Cars was reported at 4,101,600.000 Unit in Dec 2023.
• This records an increase from the previous number of 3,792,444.000 Unit for Dec 2022.
• India Motor Vehicle Sales: Passenger Cars data is updated yearly, averaging 2,570,736.000 Unit from Dec 2005 to 2023, with 19 observations.
• The data reached an all-time high of 4,101,600.000 Unit in 2023 and a record low of 1,106,863.000 Unit in 2005.
• India 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).