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.
The number of new and used vehicles and the sales dollars respectively sold by month. MDOT MVA’s Customer Connect modernization project, implemented in July 2020, has increased the amount of data that is collected and used to calculate car sales. This data is updated in real time and may fluctuate based on external factors, including electronic submissions from dealers and other vendors.
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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.
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. 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.
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.
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.
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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.
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.
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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.
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.
Number of units and total sales of new motor vehicles by vehicle type and origin of manufacture, monthly.
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Graph and download economic data for Retail Sales: Used Car Dealers (MRTSSM44112USN) from Jan 1992 to Apr 2025 about used, dealers, vehicles, retail trade, sales, retail, and USA.
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Graph and download economic data for Motor Vehicle Retail Sales: Domestic Autos (DAUTOSA) from Jan 1967 to Jun 2025 about headline figure, vehicles, retail trade, domestic, new, sales, retail, and USA.
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The graph displays the number of retail car sales in the United States from 1976 to 2025. The x-axis represents the years, ranging from 1976 to 2025, while the y-axis indicates the number of cars sold, spanning from 10,357,300 to 17,477,300. Throughout this period, car sales exhibit significant fluctuations, with the highest sales of 17,477,300 units occurring in 2016 and the lowest of 10,357,300 units in 1982. Overall, the data reveals an upward trend in retail car sales over the decades, despite occasional declines during certain years. The information is presented in a line graph format, effectively highlighting the annual variations and long-term growth in car sales within the United States.
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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.
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Key information about United States Motor Vehicles Sales Growth
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Total Vehicle Sales in Australia increased to 122509 Units in June from 105285 Units in May 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.
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Total Vehicle Sales in Chile decreased to 24337 Units in May from 26132 Units in April of 2025. This dataset provides - Chile Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Light Weight Vehicle Sales: Autos and Light Trucks (ALTSALES) from Jan 1976 to Jun 2025 about light weight, trucks, vehicles, new, sales, and USA.
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Car Registrations in Indonesia decreased to 57752 Units in June from 60613 Units in May of 2025. This dataset provides - Indonesia Total Car Sales - actual values, historical data, forecast, chart, statistics, economic calendar 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.