71 datasets found
  1. Light vehicle sales by fuel type in the U.S. 2022

    • statista.com
    Updated Jun 24, 2025
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    Statista (2025). Light vehicle sales by fuel type in the U.S. 2022 [Dataset]. https://www.statista.com/statistics/667282/united-states-light-vehicle-sales-by-technology-type/
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    Dataset updated
    Jun 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2022
    Area covered
    United States
    Description

    Light trucks with a gasoline-fueled internal combustion engine (ICE) were the most popular type of light vehicle in the United States. Here, gasoline ICE light trucks had an estimated market share of about ***** percent in 2022. The current state of the U.S. market Light trucks represent most of the vehicle sales in the United States, making it the best-selling vehicle type in the country. However, light vehicle retail sales dropped in 2022, down to ***** million units. This **** percent drop brought retail sales lower than the volume recorded in 2020, amid the onset of the COVID-19 pandemic. Motor vehicle production in the U.S. had started to recover in 2021, with the country’s output rising by just under **** percent between 2020 and 2021. However supply chain shortages led to challenges for the industry. The manufacturing sector's slow recovery was in part due to the global automotive semiconductor shortage, which impacted the industry through 2021 and 2022. The sustainable vehicle market Preliminary figures for vehicles from the model year 2021 single out pickup trucks as the type of vehicle with the highest carbon dioxide emission levels, followed by vans. The overall CO2 emissions of new light-duty vehicles have decreased since 2017, but remain over *** grams per mile for all vehicle types, with Sedans recording the lowest emission levels. Incentives to switch to alternative fuels with lower emission levels in the U.S. can include the annual fuel cost for light-duty vehicles, with all-electric vehicles recording the lowest fuel costs between *** and *** U.S. dollars per year as of 2021. However, the cost of fueling hybrid vehicles could climb higher than the cost of diesel-powered units. That same year, one in fifth states was considered an accessible market for consumers wishing to own an electric vehicle.

  2. U.S. light vehicle sales forecast by fuel type 2021-2050

    • statista.com
    Updated Jun 24, 2025
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    Statista (2025). U.S. light vehicle sales forecast by fuel type 2021-2050 [Dataset]. https://www.statista.com/statistics/1344144/united-states-light-vehicle-sales-forecast-by-fuel-type/
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    Dataset updated
    Jun 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Light vehicles running on conventional gasoline are projected to remain the best-selling vehicle type in the United States in 2050, representing around ***** million sales. Gasoline vehicle sales are expected to decrease slowly between 2021 and 2050. By contrast, battery-electric vehicle sales are forecast to grow steadily, becoming the second most popular fuel type in the U.S. in 2022. Global gasoline price inflation impacts the market The monthly average retail price of gasoline in the United States peaked in June 2022 amid market uncertainty. Russia's invasion of Ukraine led to rising commodity prices, impacting the gasoline stock in many countries reliant on Russia's crude oil exports. While the United States is not dependent on finished motor gasoline imports, its light-duty vehicle fleet uses the most energy, at nearly *** million barrels per day in oil equivalent in 2022. These increased prices at the pump, therefore, contribute to the decrease in the conventional gasoline light vehicle market. U.S. electric vehicle market relies on Tesla Plug-in electric vehicle sales reached an all-time high in the United States in 2022, boosted by increased battery-electric vehicle popularity. However, the American electric vehicle market is dependent on Tesla sales. In 2022, Tesla recorded over five times as many all-electric vehicle sales as Ford, which ranked second. This directly contrasts with the global BEV market, where the gap between Tesla and other automakers is not as steep.

  3. Automobile Engine & Parts Manufacturing in the US - Market Research Report...

    • ibisworld.com
    Updated Aug 25, 2024
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    IBISWorld (2024). Automobile Engine & Parts Manufacturing in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/automobile-engine-parts-manufacturing-industry/
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    Dataset updated
    Aug 25, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    Automobile engine and parts manufacturers produce gasoline and diesel-powered engines and parts. The industry primarily consists of vertically integrated automobile manufacturers and large companies providing engines that fill supplementary contracts for automakers and aftermarkets. Manufacturers are highly globalized, benefiting from international supply chains and global demand. Even so, volatile economic conditions, skyrocketing input costs, worker strikes and massive pressure from both foreign manufacturing powers and electric vehicles have slammed revenue and profit growth. However, falling rates, rebounding economic conditions and easing supply chains have created positive tailwinds, though the threat and implementation of tariffs have sent the industry into contraction in 2025. Overall, revenue for automobile engine and parts manufacturers has expanded at an expected CAGR of 0.3% to $40.3 billion through the current period, despite an estimated 4.7% decline in 2025, where profit reached 4.6%. Increased environmental consciousness and high fuel prices have pushed consumers to reevaluate owning gasoline-powered cars. The federal government has also provided subsidies to electric vehicle producers and consumers purchasing EVs to facilitate the shift from fossil fuels. Gasoline-powered engine and parts manufacturers have prioritized more efficient engines to combat EV production and meet efficiency standards. Many companies have also automated to cut costs as substitute products squeeze revenue and profit opportunities. On the other hand, higher steel and aluminum prices pressured purchasing costs, though most manufacturers successfully leveraged globalized supply chains or vertical integration to remain profitable. The economy's recovery will also rejuvenate demand; consumers will have more disposable income to purchase new vehicles, get repairs and take road trips. Even so, external competitors, namely electric vehicles and improved public transportation infrastructure, will remain major threats to sustained revenue growth. Regardless, intermediate emissions goals will support the development of innovative combustion engines and hybrid solutions, creating additional demand for leading innovators. Overall, revenue will climb at an estimated CAGR of 1.8% to $44.1 billion through the outlook period, with profit settling at 5.0%.

  4. United States - monthly vehicle sales by type through September 2024

    • statista.com
    Updated Nov 19, 2024
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    Statista (2024). United States - monthly vehicle sales by type through September 2024 [Dataset]. https://www.statista.com/statistics/204342/comparison-of-us-vehicle-production/
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    Dataset updated
    Nov 19, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Sep 2024
    Area covered
    United States
    Description

    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.

  5. Automobile & Light Duty Motor Vehicle Manufacturing in the US - Market...

    • ibisworld.com
    Updated Aug 25, 2024
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    IBISWorld (2024). Automobile & Light Duty Motor Vehicle Manufacturing in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/automobile-light-duty-motor-vehicle-manufacturing-industry/
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    Dataset updated
    Aug 25, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    Automobile and light duty motor vehicle manufacturers have faced many challenges through the current period. Significant technological improvements, particularly regarding hybrid and electric vehicles, internal combustion engine fuel efficiency, infotainment development and autonomous driving capabilities, have spurred global demand from the growing global middle class. Even so, the pandemic led to a monumental slowdown, slashing vehicle demand. Similarly, rampant inflation and climbing interest rates made car buying more expensive, limiting potential growth despite pent-up demand for driving and travel following lockdown restrictions. Regardless, easing interest rates have created new opportunities in consumer markets, contributing to overall growth, despite many quarterly peaks and valleys. Overall, revenue has climbed at an expected CAGR of 1.7% to $370.5 billion through the current period, despite a 6.4% decline in 2025, where profit rebounded to 3.5% of revenue. Aluminum and steel are significant inputs for most automakers. Most input manufacturers cut production amid the pandemic, leaving automakers with supply chain shortages and long lead times, especially as automotive demand rebounded following the pandemic. Semiconductor and other integral electronic component manufacturers also failed to meet automakers' demand, exacerbating supply chain issues. Despite these issues, manufacturers have successfully pushed costs onto consumers, expanding profit. Many companies have also expressed greater supply chain oversight following disruptions, leading to more nearshoring, vertical integration and strategic partnerships and alliances. Even so, labor strikes, union demands and lingering economic uncertainty have contributed to volatility. Innovation and the economy's recovery will drive growth through the outlook period. Automakers will continue to invest heavily in technology and innovation, making waves with new electric and autonomous driving technologies. Companies will also lean on government support regarding electric and hybrid vehicle technology to generate strong returns and appeal to more consumers. However, the new presidential administration has started to roll back some EV rebates and implement new trade policies, potentially hindering the industry's growth outlook. Overall, revenue will expand at an expected CAGR of 1.3% to $394.3 billion through the outlook period, where profit will settle at 3.5%.

  6. N

    North America Automotive Industry Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Mar 5, 2025
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    Data Insights Market (2025). North America Automotive Industry Report [Dataset]. https://www.datainsightsmarket.com/reports/north-america-automotive-industry-15459
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    pdf, doc, pptAvailable download formats
    Dataset updated
    Mar 5, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    North America
    Variables measured
    Market Size
    Description

    The North American automotive industry, valued at $0.99 million in 2025 (assuming this figure represents a segment of the overall market, not the total), is projected to experience robust growth, driven by several key factors. A Compound Annual Growth Rate (CAGR) of 5.43% from 2025 to 2033 suggests a significant expansion in market size over the forecast period. This growth is fueled by increasing consumer spending on vehicles, particularly in passenger cars and light commercial vehicles, spurred by economic recovery and favorable financing options. The rising adoption of electric and hybrid vehicles, coupled with advancements in autonomous driving technology, represents a significant trend shaping the industry's trajectory. However, challenges remain, including supply chain disruptions which continue to impact production and pricing, rising raw material costs, and evolving consumer preferences that demand greater fuel efficiency and sustainable manufacturing practices. The market segmentation reveals significant variation in growth across vehicle types, with passenger cars and light commercial vehicles potentially outpacing growth in heavier commercial vehicles and two-wheelers due to differing economic sensitivities and technological advancements. Geographic distribution also plays a significant role, with the United States likely dominating the market share given its larger economy and vehicle ownership trends compared to Canada and the rest of North America. Major players like Fiat Chrysler Automobiles, General Motors, Ford, Toyota, and Tesla are strategically positioning themselves to capitalize on these emerging trends, investing heavily in electric vehicle (EV) development, innovative technologies, and sustainable manufacturing. The competitive landscape is fierce, with ongoing mergers, acquisitions, and strategic partnerships shaping the industry's structure. The forecast period will likely witness a consolidation of market share amongst the larger players, potentially leading to some smaller manufacturers exiting the market or being acquired. Furthermore, government regulations promoting clean energy and reducing emissions will significantly impact the industry's product offerings and manufacturing processes in the coming years. The consistent growth projected indicates a positive outlook, but the industry must adapt proactively to the challenges to maintain its momentum. This comprehensive report provides a detailed analysis of the North America automotive industry, encompassing the historical period (2019-2024), base year (2025), and forecast period (2025-2033). The study covers passenger cars, light commercial vehicles (LCVs), medium and heavy commercial vehicles (M&HCVs), and two-wheelers across the United States, Canada, and the Rest of North America. With a focus on market size (in million units), key players, and emerging trends, this report is an essential resource for businesses, investors, and policymakers seeking to understand this dynamic sector. Search terms used include: North America automotive market, automotive industry trends, electric vehicle market, commercial vehicle sales, passenger car sales, US automotive industry, Canadian automotive market. Recent developments include: July 2022: Cadillac unveiled the Celestiq show car, a vision of innovation that previews the brand's future handcrafted and all-electric flagship sedan. The Ultium-based electric show car previews some of the materials, innovative technologies, and hand-crafted attention to detail harnessed to express Cadillac's vision for the future., July 2022: Amazon began deploying its custom electric delivery vehicles from Rivian for package delivery, with the electric vehicles hitting the road in Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle, and St. Louis, among other cities., January 2022: Tesla Inc. had a supply agreement with Talon Metals Corp., a subsidiary of Talon Nickel LLC, for the supply of nickel. This agreement will lead to the production of battery material from mine to battery cathode in order to make the electric vehicle battery more eco-friendly.. Key drivers for this market are: Growing Travel and Tourism Industry is Driving the Car Rental Market. Potential restraints include: Increasing Popularity of Ride-Sharing Services Pose Challenges for the Conventional Car Rental Market. Notable trends are: Rising Electric Mobility to Drive Demand in the Market.

  7. U.S. car demand by segment in June 2022

    • statista.com
    Updated Jun 24, 2025
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    Statista (2025). U.S. car demand by segment in June 2022 [Dataset]. https://www.statista.com/statistics/276506/change-in-us-car-demand-by-vehicle-type/
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    Dataset updated
    Jun 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Crossovers are Americans’ favorite type of passenger vehicle. This category accounts for over ** percent of automobile sales in the United States as of June 2022. The most popular models include Honda’s CR-V, Nissan’s Rogue, and Toyota’s RAV4. In the first quarter of 2022, U.S. auto buyers bought just under ******* units of Toyota’s RAV4 model, making it the best-selling vehicle in this category. Toyota is the market leader   The RAV4 was one of the very first specimens of its kind, as production of this model began in 1994. Toyota was the second most valuable automotive manufacturer worldwide in 2022, with a brand value of just over **** billion dollars. It followed Tesla, which was first in the ranking with a gap of over ** billion dollars compared to the runner-up. Toyota’s net revenue rose to **** trillion Japanese yen in 2022 (around *** billion U.S. dollars as of March 2022 exchange rates), a visible growth of over ** percent compared to 2021, despite the manufacturer being impacted by the global automotive chip shortage.  Crossovers benefit from the shift away from sedans   Crossover SUVs (sport utility vehicles) combine the fuel efficiency levels of compact and midsized cars and the higher seating positions of light trucks. They gained in popularity when fuel prices were low and, consequently, automakers increased production volumes and model additions of this vehicle type. Between 2014 and 2021, U.S. car sales fell from over *** million to around **** million units. Concurrently, light truck sales increased from *** million units in 2014 to close to **** million units in 2021. The impact of the COVID-19 pandemic on vehicle demand led to a *** percent drop in light truck sales in 2020. This drop in vehicle sales impacted countries across the globe. In 2020, Germany recorded a loss of over ******* sales of SUVs compared to 2019, whereas China’s new SUV registrations remained stable between the two years.

  8. Automobile Electronics Manufacturing in the US - Market Research Report...

    • ibisworld.com
    Updated Apr 15, 2025
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    IBISWorld (2025). Automobile Electronics Manufacturing in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/automobile-electronics-manufacturing-industry/
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    Dataset updated
    Apr 15, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    Automobile electronics manufacturers produce motor vehicle parts that have or operate with small components that control and direct an electric current. Companies commonly manufacture lighting systems, electrical wiring, electrical control units, sensors, electronic ignition systems and driver displays. Auto electronics manufacturers have faltered through the current period, especially as the pandemic and high interest rates inject uncertainty into consumer markets. However, automobile electronics manufacturers have benefited from demand for increasingly complex vehicles, supporting demand for advanced connectivity and safety systems. Similarly, government regulations and incentives have supported a higher baseline of advanced safety systems, encouraging auto electronics sales to automakers and creating greater demand for electrification. Overall, revenue has ebbed at an expected CAGR of 1.8% to $29.5 billion through the current period, despite a 0.2% drop in 2025. Economic uncertainty created by persistent inflation and trade concerns has tempered expectations in 2025. Automobile electronics are small and light, giving them a high value-to-weight ratio, and enabling foreign producers, particularly those in low-cost regions, to flood domestic markets with inexpensive alternatives. In particular, the automotive supply chain has started moving production offshore to Mexico, contributing to surging regional imports. However, tariffs may threaten existing trade balances, potentially shifting production from multinational conglomerates more heavily to the United States. These policies may ultimately raise car prices, shaking up the auto sector. Supply chain disruptions following the pandemic and the Russian invasion of Ukraine have also posed major threats to the industry's stability. Major input shortages led to higher purchasing costs and depressed profit through the current period. Companies combated higher prices and production shortfalls, limiting their ability to take advantage of pent-up demand for new cars. The economy's recovery will aid sales growth through the outlook period. Rejuvenated consumer confidence will support new car sales, increasing demand for automobile manufacturing and encouraging consumers to purchase more luxury vehicles. A depreciating US dollar will also drive exports, making domestic goods comparatively less expensive in foreign markets and improving revenue. However, trade policies may keep the dollar's value elevated. Even so, volatile input prices, tensions with China and the continued migration of automobile manufacturing operations toward Mexico will pose long-term threats to domestic automobile electronics manufacturers. Overall, revenue will recover at an expected CAGR of 1.4% to $31.7 billion through the current period, where profit will rally to 9.8%.

  9. Light vehicle sales in the United States 1976-2024

    • statista.com
    • ai-chatbox.pro
    Updated Feb 7, 2025
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    Statista (2025). Light vehicle sales in the United States 1976-2024 [Dataset]. https://www.statista.com/statistics/199983/us-vehicle-sales-since-1951/
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    Dataset updated
    Feb 7, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  10. Global Car & Automobile Sales - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Sep 15, 2024
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    IBISWorld (2024). Global Car & Automobile Sales - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/global/market-research-reports/global-car-automobile-sales-industry/
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    Dataset updated
    Sep 15, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2014 - 2029
    Description

    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, climbing interest rates across most key markets and faltering global consumer sentiment have somewhat constrained post-pandemic growth. Overall, revenue has expanded at an expected CAGR of 0.7% to $4.4 trillion through the current period, including a 2.1% jump in 2024, where profit reached 2.3%. Supply chain disruptions made new cars significantly more expensive, increasing inventory costs. Similarly, semiconductor and electronic component shortages reduced supply, leaving dealers with limited inventories. Even so, dealers were largely able to leverage torrid demand and pass added costs onto buyers, creating opportunities for revenue and profit growth. Volatile oil supply chains amid the Russia-Ukraine conflict also contributed to swelling demand for more fuel-efficient vehicles. Companies have also integrated online services to make the car-buying process simpler and more accessible, enabling them to combat heightened competition and access a wider network of buyers. The penetration of online platforms has transformed the car sales landscape, favoring larger dealership franchises over independent companies. 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. 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. Overall, revenue will climb at an expected CAGR of 2.5% to $4.9 trillion through the outlook period, where profit will reach 2.3%.

  11. S

    South America Automotive Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Mar 5, 2025
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    Data Insights Market (2025). South America Automotive Market Report [Dataset]. https://www.datainsightsmarket.com/reports/south-america-automotive-market-14956
    Explore at:
    doc, pdf, pptAvailable download formats
    Dataset updated
    Mar 5, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    South America, Americas
    Variables measured
    Market Size
    Description

    The South American automotive market, valued at $24.88 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 8.20% from 2025 to 2033. This expansion is fueled by several key factors. Rising disposable incomes across several South American countries are increasing consumer purchasing power, leading to higher demand for both passenger cars and two-wheelers. Furthermore, government initiatives promoting infrastructure development and improved transportation networks are stimulating market growth. The increasing adoption of electric vehicles (EVs), albeit from a relatively small base, represents a significant future trend. This shift is driven by growing environmental concerns and government incentives aimed at reducing carbon emissions. However, economic volatility in certain regions and the fluctuating price of fuel remain potential restraints on market expansion. The market is segmented by vehicle type (passenger cars, commercial vehicles, two-wheelers) and fuel type (diesel, gasoline, electric vehicles, other fuel types). Passenger cars currently dominate the market, while the electric vehicle segment, although still relatively small, shows the most significant growth potential in the coming years. Major players like Stellantis NV, Honda Motor Company Ltd, and Volkswagen AG are actively competing for market share, adapting their strategies to cater to the diverse needs and preferences of South American consumers. The segmentation within the South American automotive market reveals a dynamic landscape. Passenger cars currently command the largest market share, followed by commercial vehicles and two-wheelers. The fuel type segment demonstrates a gradual but significant shift towards electric vehicles, although gasoline and diesel remain dominant. This transition is likely to accelerate over the forecast period, fueled by governmental support for EVs and increasing consumer awareness of environmental sustainability. Brazil, Argentina, and Colombia are expected to be the key growth drivers within the region due to their relatively larger economies and expanding middle classes. However, political and economic instability in some parts of South America will continue to pose a challenge to consistent market growth. Therefore, the automotive industry needs to carefully navigate these challenges while capitalizing on the significant long-term growth opportunities presented by this dynamic market. This in-depth report provides a comprehensive analysis of the South America automotive market, covering the period from 2019 to 2033. It offers valuable insights into market size, growth drivers, challenges, and future trends, focusing on passenger cars, commercial vehicles, and two-wheelers across various fuel types (diesel, gasoline, electric vehicles, and others). The report utilizes data from 2019-2024 as the historical period, 2025 as the base and estimated year, and forecasts from 2025-2033. Key market players like Stellantis NV, Honda Motor Company Ltd, General Motors, Volkswagen AG, Daimler AG, Hyundai Motor Company, Nissan Motor Company Ltd, Toyota Motor Corp, Groupe Renault, Kia Motor Corporation, and Ford Motor Company are analyzed. This report is essential for automotive manufacturers, investors, and stakeholders seeking to understand and capitalize on opportunities in this dynamic market. Recent developments include: April 2022: Nissan Motor Co. invested 1.3 billion reais (USD276.12 million) in its plant in Resende, Brazil, and in launching new products between 2023 and 2025., January 2022: Link, a United States-based electric vehicle manufacturer, built a factory in the Mexican state of Puebla. A total of USD 265 million was invested in this production system., January 2022: Great Wall Motors announced investing USD 1.81 billion to manufacture electric vehicles in Brazil over the next decade in the factory acquired by Daimler AG.. Key drivers for this market are: Economic Growth And Stability, Othe Market Drivers. Potential restraints include: Increasing Cost Of Vehicles To End Users, Other Market Restraints. Notable trends are: Brazil, Argentina, and Chile, to Drive the Market.

  12. U

    United States Automotive Dealership Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 23, 2025
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    Market Report Analytics (2025). United States Automotive Dealership Market Report [Dataset]. https://www.marketreportanalytics.com/reports/united-states-automotive-dealership-market-104829
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    pdf, ppt, docAvailable download formats
    Dataset updated
    Apr 23, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    United States
    Variables measured
    Market Size
    Description

    The United States automotive dealership market, valued at approximately $1 trillion in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 4% through 2033. This expansion is fueled by several key drivers. Firstly, a recovering economy and increasing consumer disposable income are stimulating demand for both new and used vehicles. Secondly, technological advancements, including the rise of electric vehicles (EVs) and connected car technologies, are creating new revenue streams for dealerships through service and maintenance. Furthermore, the ongoing shift towards online car buying and the adoption of digital marketing strategies are transforming the customer experience and enhancing dealership efficiency. However, the market faces certain restraints. Supply chain disruptions, particularly the ongoing semiconductor chip shortage, continue to impact vehicle production and availability, affecting dealer inventory. Fluctuations in fuel prices and interest rates also influence consumer purchasing decisions, creating market volatility. Finally, increased competition from online marketplaces and direct-to-consumer sales models are challenging the traditional dealership model. The market is segmented by vehicle type (passenger cars and commercial vehicles), retail type (franchised and non-franchised), and service offerings (new and used vehicle sales, parts, services, finance, and insurance). Major players like Group 1 Automotive, AutoNation, and Penske Automotive Group are strategically adapting to these changes through investments in digital infrastructure, expansion of service offerings, and diversification of their revenue streams. The market's segmentation provides valuable insights into specific growth trajectories. The used vehicle segment is expected to experience particularly strong growth due to rising new vehicle prices and increasing consumer preference for pre-owned vehicles. Similarly, the parts and services segment benefits from the increasing age of the existing vehicle fleet, generating substantial after-sales revenue. Franchised retailers, while facing competition, maintain a significant market share due to brand recognition and established customer loyalty. The geographic focus on the United States reflects the size and maturity of its automotive market, alongside its robust automotive manufacturing and distribution networks. The forecast period indicates a continuing positive growth trajectory, although future growth will depend on macroeconomic conditions, technological advancements, and regulatory changes within the automotive industry. Recent developments include: July 2022: Lithia & Driveway (LAD) continued its US expansion by buying nine dealerships in southern Florida and one in Nevada, which are expected to add nearly USD 1 billion in annual revenue for the company. LAD also announced its expansion in Las Vegas, Nevada, with the addition of Henderson Hyundai and Genesis. With this purchase, LAD becomes the sole owner of the Hyundai and Genesis stores in the greater metro area., March 2022: Group1 Automotive Inc. announced that it completed a USD 2.0 billion five-year revolvings syndicated credit facility with 21 financial institutions that will expire in March 2027 and can be expanded to USD 2.4 billion total availability. The six manufacturer-affiliated finance companies are Mercedes-Benz Financial Services USA LLC, Toyota Motor Credit Corporation, BMW Financial Services NA LLC, American Honda Finance Corporation, VW Credit Inc., and Hyundai Capital America Inc., January 2022: Penske Automotive Group expanded its presence in the Austin/Round Rock market in Texas with the grand opening of the Honda Leander. The new dealership, located in Leander, Texas, is the retailer's 14th Honda store overall and is its ninth dealership in the market., January 2022: Sonic Automotive Inc., one of the nation's largest automotive retailers, acquired Sun Chevrolet in Chittenango, New York. Sonic also acquired Caputo's three used car locations in December 2021. The Chittenango location was the only new car dealership.. Notable trends are: Rising Focus of Automotive Dealers on Enhancing Consumer Experience and Dealer Network to Drive Demand.

  13. Motor vehicle mobility costs by drivetrain technology 2030

    • statista.com
    Updated Dec 18, 2023
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    Mathilde Carlier (2023). Motor vehicle mobility costs by drivetrain technology 2030 [Dataset]. https://www.statista.com/topics/4580/gasoline-powered-vehicles-in-the-united-states/
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    Dataset updated
    Dec 18, 2023
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Mathilde Carlier
    Description

    Battery electric vehicles (BEVs) are projected to incur costs of around 50 euros per 100 km in 2030, the cheapest of all motor vehicles on the road. Vehicles using synthetic fuel that are powered by a mild hybrid electric drivetrain or an internal combustion engine are forecast to be the most expensive.

    BEV’s cost advantage Mobility costs refer to the expenditure required for travel; they include costs relating to fuel, tax, insurance, and depreciation. BEVs are expected to be the most cost effective in 2030 due to fewer parts and less exposure to wear and tear. Furthermore, many drivers around the world are already taking advantage of financial incentives offered for switching to electric mobility. In China, the world leader for sales of BEVs, subsidies are available on purchases of new energy vehicles, and in the United States, electric vehicle buyers are eligible for a federal tax credit of up to 7,500 U.S. dollars – a state subsidy that many survey respondents consider to be appropriate. However, policymakers are likely to reduce the subsidies on offer for the purchase of electric vehicles over the next decade.

    Hybrid vehicles: the best of both worlds? There are two types of hybrid electric vehicles on the market: mild hybrid electric vehicles (MHEV) and plug-in hybrid electric vehicles (PHEV). Both have an internal combustion engine and an electric engine, but the electric motor within an MHEV is not powerful enough to propel the vehicle on its own; it simply assists the internal combustion engine when fuel consumption is particularly high. The electric engine within a PHEV can be recharged via a charging socket and is capable of powering the car by itself. It is forecast that MHEVs and PHEVs will account for around 21 percent of global car sales in 2030.

  14. S

    South America Passenger Cars Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 28, 2025
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    Market Report Analytics (2025). South America Passenger Cars Market Report [Dataset]. https://www.marketreportanalytics.com/reports/south-america-passenger-cars-market-104738
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    doc, ppt, pdfAvailable download formats
    Dataset updated
    Apr 28, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    South America, Americas
    Variables measured
    Market Size
    Description

    The South American passenger car market, encompassing Brazil, Argentina, Chile, and other key nations, presents a dynamic landscape ripe with opportunities and challenges. While the market experienced fluctuations during the 2019-2024 historical period, likely influenced by economic volatility and global supply chain disruptions, a positive Compound Annual Growth Rate (CAGR) is projected for the forecast period of 2025-2033. This growth is fueled by several key drivers: a rising middle class with increased disposable income leading to higher car ownership; government initiatives promoting infrastructure development and automotive manufacturing; and the increasing popularity of fuel-efficient vehicles, particularly hybrids and electric vehicles (HEVs and EVs), driven by environmental concerns and government incentives. Segment analysis reveals that SUVs are likely to dominate the vehicle configuration segment, reflecting a global trend towards larger vehicles offering more space and versatility. Within the propulsion type segment, while Internal Combustion Engine (ICE) vehicles, especially gasoline-powered cars, will continue to hold significant market share in the near term, the adoption of HEVs and BEVs is expected to accelerate steadily throughout the forecast period, driven by technological advancements, decreasing battery costs, and expanding charging infrastructure. However, the market also faces significant restraints. Economic instability in certain South American countries poses a considerable challenge, impacting consumer purchasing power and impacting investment in the automotive sector. Furthermore, the region's underdeveloped charging infrastructure for EVs remains a barrier to faster EV adoption, alongside relatively higher initial purchase costs compared to ICE vehicles. Competition among established global automakers like Toyota, Volkswagen, and Hyundai, as well as regional players, is intense, leading to price wars and impacting profitability. Despite these challenges, the long-term outlook remains optimistic, with consistent growth expected, particularly in segments related to fuel-efficient and environmentally friendly vehicles. Strategic partnerships, technological innovations, and government policies focused on sustainable mobility will play a crucial role in shaping the market's trajectory in the coming years. The market's success hinges on navigating economic uncertainties and accelerating the infrastructure development needed to support the growing demand for alternative fuel vehicles. Recent developments include: December 2023: Mustang Mach-E is avaiable with electric all-wheel drive and has standard heated seats and steering wheel.December 2023: Toyota debuts the Corolla GR-S in Brazil. Its 2.0-liter Dynamic Force Atkinson flex cycle engine generates 177 horsepower when running on ethanol and 169 horsepower when running on gasoline, with 21.4 kgfm of torque in both cases.December 2023: Hyundai Motor unveiled its "Strategy 2025" blueprint, outlining KRW 61.1 trillion in investments for future technology research and development (R&D) until 2025. The goal is to electrify the majority of new vehicles in key markets such as Korea, the United States, China, and Europe by 2030, with emerging markets such as India and Brazil following suit by 2035.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

  15. L

    Latin America Passenger Cars Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Mar 6, 2025
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    Data Insights Market (2025). Latin America Passenger Cars Market Report [Dataset]. https://www.datainsightsmarket.com/reports/latin-america-passenger-cars-market-15650
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    ppt, pdf, docAvailable download formats
    Dataset updated
    Mar 6, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Latin America, Americas
    Variables measured
    Market Size
    Description

    The Latin American passenger car market, encompassing Brazil, Argentina, Mexico, and the Rest of Latin America, presents a dynamic landscape characterized by significant growth potential. With a current market size exceeding (estimated) $XX million in 2025 and a Compound Annual Growth Rate (CAGR) exceeding 4%, the market is projected to reach (estimated) $YY million by 2033. This expansion is driven by several key factors. Rising disposable incomes across the region, coupled with expanding middle classes, are fueling increased demand for personal vehicles. Government initiatives aimed at improving infrastructure and promoting sustainable transportation, including incentives for electric vehicle adoption, are further bolstering market growth. Furthermore, the increasing preference for SUVs and hatchbacks, reflecting changing consumer preferences, is significantly impacting segment-wise sales. However, the market faces challenges, including economic volatility in some Latin American countries and fluctuations in fuel prices, which can impact consumer purchasing power. The intense competition among established global players like Fiat Chrysler Automobiles, Volkswagen, and General Motors, along with the growing presence of Asian manufacturers like Hyundai and Toyota, shapes the competitive dynamics of this market. The segmentation of the market reveals diverse trends. While gasoline-powered vehicles continue to dominate, the electric vehicle segment is exhibiting robust growth, albeit from a smaller base. This growth is spurred by increasing environmental awareness and government support. Regional variations are also notable; Brazil, the largest market in Latin America, is expected to lead in overall growth, followed by Mexico and Argentina. However, the "Rest of Latin America" segment should not be overlooked, as it holds promising potential for future expansion, dependent on economic growth and infrastructure development in individual countries. This detailed analysis underscores the need for manufacturers to adapt their strategies to meet the unique demands and evolving preferences of consumers within this diverse and dynamic region. Understanding regional nuances and consumer trends will be crucial for achieving sustained success in the Latin American passenger car market. This comprehensive report provides an in-depth analysis of the Latin America passenger cars market, covering the period from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, this study offers a detailed forecast from 2025 to 2033, built upon historical data from 2019 to 2024. The report explores market size in million units, key trends, growth drivers, and challenges, offering valuable insights for stakeholders across the automotive value chain. It segments the market by vehicle type (hatchback, sedan, SUV), fuel type (gasoline, diesel, electric), and geography (Brazil, Argentina, Mexico, Rest of Latin America), providing a granular understanding of market dynamics. This report is essential for automotive manufacturers, suppliers, investors, and government agencies seeking to understand and capitalize on opportunities within this dynamic market. Recent developments include: Nov 2022: Great Wall Motors (GWM) announced that it will begin selling the Haval H6 SUV in Brazil in the first quarter of 2023, with a package of semi-autonomous features and safety technologies, including facial recognition, which can identify up to five different people registered in the system., Oct 2022: Toyota stated that it would introduce the "Conquest," a new model of the Toyota Hilux made in Argentina. The number of pickup models produced at Zárate will rise from 15 to 16 with the Conquest's anticipated debut. Although it will be more affordable and have less power than the Hilux GR-Sport III, the Hilux Conquest will have a distinctive look and unique features and be focused on off-road and recreational use., Jan 2022: Link, an electric vehicle manufacturer in the US, planned to set up its assembly plant in the Mexican state of Puebla. This production setup received an investment of USD 265 million.. Key drivers for this market are: Surge in Awareness About the Benefits of Leasing, Shift in Trends Towards Rental. Potential restraints include: Labor Shortage may obstruct the market growth, The economic downturn in the equipment leasing sector will impede market expansion. Notable trends are: Zero Emission Vehicles Gaining Traction in Latin America.

  16. Float Glass for Automotive Market Report | Global Forecast From 2025 To 2033...

    • dataintelo.com
    csv, pdf, pptx
    Updated Sep 23, 2024
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    Dataintelo (2024). Float Glass for Automotive Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-float-glass-for-automotive-market
    Explore at:
    csv, pdf, pptxAvailable download formats
    Dataset updated
    Sep 23, 2024
    Dataset provided by
    Authors
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Float Glass for Automotive Market Outlook



    The global float glass for automotive market size was valued at approximately USD 26.4 billion in 2023 and is projected to reach around USD 40.9 billion by 2032, growing at a CAGR of 5.0% over the forecast period. This growth can be attributed to several factors such as the increasing demand for lightweight materials in automotive manufacturing, stringent emission norms, and the rising disposable incomes which are driving automobile sales globally.



    One of the main growth drivers of the float glass for automotive market is the continuous advancements in automotive design and technology. Modern vehicles require highly specialized glass that not only meets aesthetic needs but also provides safety, durability, and energy efficiency. The rise in demand for electric vehicles (EVs) and autonomous driving technologies has significantly contributed to the growth of the float glass market, as these vehicles need advanced glass solutions for better energy efficiency and sensor integration. Moreover, the need for glass that can support head-up displays and advanced driver-assistance systems (ADAS) is also propelling market growth.



    Government regulations and safety norms are another pivotal factor driving the growth of this market. Stringent regulations regarding vehicle safety and emission control have necessitated the use of high-quality float glass. For instance, countries such as the United States and members of the European Union have strict guidelines for the safety and performance of automotive glass. This has led to an increased demand for tempered and laminated float glass, which are known for their high safety features and durability. As a result, manufacturers are investing heavily in research and development to produce innovative glass solutions that comply with these regulations.



    The growing automotive industry in emerging economies is also a crucial factor for market expansion. Nations such as China, India, and Brazil are witnessing an upsurge in vehicle production and sales, driven by rising middle-class incomes and urbanization. The automotive sector's growth in these regions directly translates to increased demand for automotive float glass. Additionally, the shift towards more fuel-efficient and eco-friendly vehicles in these markets necessitates the use of lightweight materials like float glass, further boosting market growth.



    Regionally, Asia Pacific is anticipated to hold the largest market share, given its booming automotive industry and large manufacturing base. North America and Europe are also expected to show significant growth due to stringent safety regulations and the high adoption rate of advanced automotive technologies. Latin America and the Middle East & Africa are also expected to witness moderate growth, driven by increasing automotive sales and production capacities in these regions.



    Type Analysis



    The float glass for automotive market is segmented by type into clear float glass, tinted float glass, laminated float glass, tempered float glass, and others. Clear float glass is the most fundamental type, known for its high transparency and versatility. It is widely used in various automotive applications, including windshields, windows, and sunroofs. The demand for clear float glass is driven by its cost-effectiveness and the ability to provide good optical clarity, making it a staple in the automotive industry.



    Tinted float glass is another essential segment, valued for its ability to reduce glare and heat transmission. This type of glass is particularly popular in regions with high temperatures, offering improved comfort and fuel efficiency by reducing the load on air conditioning systems. Tinted float glass also provides a degree of privacy and aesthetic appeal, making it a preferred choice for many car owners.



    Laminated float glass is specifically designed to enhance safety. It consists of two or more layers of glass with an interlayer of polyvinyl butyral (PVB) or ethylene-vinyl acetate (EVA). This design ensures that the glass holds together even when shattered, thus reducing the risk of injury during accidents. The demand for laminated float glass is rising, particularly in premium and luxury vehicles, where safety is a paramount concern. Additionally, this type of glass is commonly used in windshields to comply with regulatory standards.



    Tempered float glass is known for its strength and safety features. It undergoes a controlled thermal treatment to increase its toughness compared to normal glass. When

  17. E

    Electric Vehicles Market Report

    • promarketreports.com
    doc, pdf, ppt
    Updated Jan 20, 2025
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    Pro Market Reports (2025). Electric Vehicles Market Report [Dataset]. https://www.promarketreports.com/reports/electric-vehicles-market-1336
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    Jan 20, 2025
    Dataset authored and provided by
    Pro Market Reports
    License

    https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    125 MPH+ Performance: This segment targets high-performance electric vehicles with a top speed exceeding 125 MPH, appealing to enthusiasts and track enthusiasts.Range: Electric vehicles are categorized based on their driving range on a single charge: Less than 300 Miles: Ideal for daily commutes and urban use. More than 300 Miles: Offers extended range for longer journeys and road trips. Vehicle Drive Type: This segment classifies vehicles based on their drivetrain: Front Wheel Drive: Provides good traction and handling. Rear Wheel Drive: Enhances stability and performance. Four Wheel Drive: Improves traction and off-road capabilities. All Wheel Drive: Similar to four-wheel drive, but with advanced electronic control for optimized power distribution. End Use: Electric vehicles are used for various purposes: Private: Personal transportation by individual consumers. Commercial Fleets: Electric vehicles deployed by businesses for transportation, delivery, and other commercial activities. Vehicle Type: The market is segmented based on vehicle type: Passenger Cars: Electric vehicles designed for personal and family transportation. Commercial Vehicles: Electric vehicles used for commercial purposes, such as delivery vans and public transportation buses. Two & Three Wheelers: Electric vehicles with two or three wheels, including motorcycles, scooters, and tricycles. Off-Highway Vehicles: Electric vehicles designed for off-road use, such as ATVs and golf carts. Technology: Electric vehicles employ different technologies: Battery Electric Vehicles (BEVs): Vehicles powered solely by electric motors using energy stored in batteries. Plug-In Hybrid Electric Vehicles (PHEVs): Hybrid vehicles that combine an electric motor and a gasoline engine, offering both electric and gasoline propulsion. Fuel-Cell Electric Vehicles (FCEVs): Vehicles powered by hydrogen fuel cells that react with oxygen to produce electricity, emitting only water vapor. Recent developments include: April 2024: Recently, BYD's new all-electric car, the SEAGULL, made its official debut in Colombia. Local customers have been eagerly awaiting the BYD SEAGULL since its introduction at the Colombia Auto Show last year. With its sleek appearance, state-of-the-art electric features, and great value for money, this little electric hatchback is sure to become the preferred vehicle for young urban Colombians. More than 600 media representatives and customers attended the launch event, which received praise from the local press for being Colombia's premier new product launch each year., According to Li Nan, Deputy General Manager of BYD America Auto Sales Division, "BYD has been committed to advancing the development of electric mobility since joining the automotive industry in 2003." With total sales of over 7 million vehicles worldwide, BYD has emerged as the market leader in the world for new energy vehicles. In the future, we hope to provide customers with even more dependable and high-quality products. More young Colombians will be able to purchase their first battery-electric car thanks to the launch of the BYD SEAGULL.", "The Colombian automotive market faces significant challenges in 2024," said Marco Pastrana, general manager of Motorysa, BYD's partner in Colombia. In spite of these obstacles, BYD has seen an astounding 31% increase in sales. BYD has continuously led the market in new energy passenger vehicle sales since entering Colombia. The BYD SEAGULL's introduction is expected to strengthen Colombia's stance on environmentally friendly transportation, demonstrating the nation's readiness to embrace the future of electric mobility.", January 2023: Once a longshot startup, Tesla grew to become the largest manufacturing employer in the state and the leading manufacturer of electric vehicles worldwide in just 20 years since its founding in San Carlos, California. Over the past ten years, the US has lost a lot of manufacturing jobs, and global supply chains have been shaken up, but Tesla has defied the trend by increasing employment and production in the US. The employment in California that was fueled by Tesla increased by 40% between 2018 and 2021, and the state's wages that year exceeded the national average by 50%, offering the highest compensation in our industries., Over 80,000 direct and indirect jobs in California were supported by Tesla in 2021. Of these, more than 43,000 were the result of spending $1.6 billion with suppliers in California. For every 100 direct Tesla jobs, the supply chain supported an additional 50 jobs, and subsequent consumer activity supported an additional 68 jobs. Tesla paid $1 billion in federal, state, and local taxes on average between 2018 and 2021; in 2021, state and local taxes accounted for about $400 million of the total. Between 2018 and 2021, Tesla's average share of the state's gross state product (GSP) increased by 42%, outpacing the state's GSP growth of 16%. $16.6 billion in economic activity, or $44.4 million every day, was generated by the wages of Tesla and jobs related to Tesla.. Key drivers for this market are: Government Incentives: Tax breaks, rebates, and charging infrastructure investments stimulate electric vehicle adoption. Falling Battery Costs: Declining battery costs make electric vehicles more affordable and competitive.. Potential restraints include: Range Anxiety: Concerns about driving range and availability of charging stations hinder widespread adoption. Charging Infrastructure Discrepancies: Uneven distribution and limited availability of public charging stations pose challenges.. Notable trends are: Autonomous Driving Integration: Electric vehicles are becoming testbeds for autonomous driving technologies, enhancing safety and convenience. Battery Swapping Infrastructure: Swapping depleted batteries for charged ones is gaining popularity to address range anxiety..

  18. U.S.: Annual car sales 1951-2024

    • statista.com
    • ai-chatbox.pro
    • +1more
    Updated Jun 24, 2025
    + more versions
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    Statista (2025). U.S.: Annual car sales 1951-2024 [Dataset]. https://www.statista.com/statistics/199974/us-car-sales-since-1951/
    Explore at:
    Dataset updated
    Jun 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  19. Test Equipment for Automobiles Market Report | Global Forecast From 2025 To...

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Test Equipment for Automobiles Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-test-equipment-for-automobiles-market
    Explore at:
    csv, pptx, pdfAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset provided by
    Authors
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Test Equipment for Automobiles Market Outlook



    The global market size for test equipment in the automobile sector was valued at approximately USD 4.5 billion in 2023 and is projected to reach USD 8.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.9%. This growth is driven by the increasing complexity of automotive systems and the need for high-precision testing solutions to ensure vehicle safety, performance, and compliance with stringent emission standards.



    One of the primary growth factors for the test equipment for automobiles market is the rapid advancement in automotive technology. The shift towards electric and autonomous vehicles necessitates sophisticated testing equipment to validate new systems, including battery efficiency, autonomous driving capabilities, and advanced driver-assistance systems (ADAS). Moreover, the integration of Internet of Things (IoT) and artificial intelligence (AI) in automotive manufacturing processes has further increased the demand for advanced test equipment that can ensure the reliability and functionality of these cutting-edge technologies.



    Another significant growth driver is the stringent regulatory environment governing vehicle emissions and safety. Governments worldwide are implementing stricter emission norms and safety regulations, compelling automotive manufacturers to invest in high-quality test equipment to comply with these standards. For instance, the introduction of Euro 6 in Europe and Corporate Average Fuel Economy (CAFE) standards in the United States has created a surge in demand for vehicle emission test systems and other related test equipment. This regulatory pressure ensures continual investment in advanced testing solutions by automotive OEMs and aftermarket service providers.



    The growth of the automotive industry in emerging economies, particularly in the Asia Pacific region, also contributes to the expansion of the test equipment market. Countries like China, India, and Japan are witnessing a boom in automobile production and sales, leading to increased demand for efficient and reliable test equipment. Additionally, the rise of electric vehicles (EVs) in these regions, driven by government incentives and consumer awareness of environmental sustainability, further propels the market growth.



    Automotive Computerized Measuring Equipment has become an integral part of modern vehicle manufacturing and testing processes. These advanced systems offer precise measurements and data analysis, ensuring that every component of a vehicle meets the highest standards of quality and performance. By utilizing computerized measuring equipment, manufacturers can achieve greater accuracy in detecting defects and inconsistencies, leading to improved product reliability and customer satisfaction. The integration of such equipment in the automotive industry also facilitates faster production cycles and reduces the need for manual inspections, thereby enhancing overall operational efficiency. As vehicles become more technologically advanced, the demand for sophisticated measuring solutions continues to grow, making computerized measuring equipment a crucial tool for automotive manufacturers worldwide.



    Regionally, North America and Europe continue to dominate the test equipment for automobiles market, driven by the presence of leading automotive manufacturers and robust R&D activities. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rapid industrialization, urbanization, and the growing automotive market in countries such as China and India. Latin America and the Middle East & Africa are also anticipated to show significant growth potential, although at a relatively slower pace compared to Asia Pacific.



    Product Type Analysis



    Engine Dynamometers



    Engine dynamometers play a critical role in testing the performance, durability, and efficiency of automotive engines. These devices measure parameters such as horsepower, torque, and engine speed under various operating conditions, ensuring that engines meet the required performance and emission standards. The demand for engine dynamometers is driven by the increasing focus on fuel efficiency and emission reduction. Manufacturers are continually developing engines that are more efficient and environmentally friendly, necessitating precise testing equipment to validate their designs. Moreover, with the adv

  20. Automotive Engine Market Size, Trends, Forecast Report 2025 – 2030

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jun 25, 2025
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    Mordor Intelligence (2025). Automotive Engine Market Size, Trends, Forecast Report 2025 – 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/automotive-engine-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jun 25, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    The Automotive Engine Market Report is Segmented by Placement Type (In-Line, V-Type, W-Type, Boxer / Flat, and More), Fuel Type (Gasoline, Diesel, Natural Gas / CNG, and More), Vehicle Type (Passenger Cars, Light Commercial Vehicles, and More), Engine Capacity (Below 1. 5 L, 1. 5 To 3 L, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

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Statista (2025). Light vehicle sales by fuel type in the U.S. 2022 [Dataset]. https://www.statista.com/statistics/667282/united-states-light-vehicle-sales-by-technology-type/
Organization logo

Light vehicle sales by fuel type in the U.S. 2022

Explore at:
Dataset updated
Jun 24, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2022
Area covered
United States
Description

Light trucks with a gasoline-fueled internal combustion engine (ICE) were the most popular type of light vehicle in the United States. Here, gasoline ICE light trucks had an estimated market share of about ***** percent in 2022. The current state of the U.S. market Light trucks represent most of the vehicle sales in the United States, making it the best-selling vehicle type in the country. However, light vehicle retail sales dropped in 2022, down to ***** million units. This **** percent drop brought retail sales lower than the volume recorded in 2020, amid the onset of the COVID-19 pandemic. Motor vehicle production in the U.S. had started to recover in 2021, with the country’s output rising by just under **** percent between 2020 and 2021. However supply chain shortages led to challenges for the industry. The manufacturing sector's slow recovery was in part due to the global automotive semiconductor shortage, which impacted the industry through 2021 and 2022. The sustainable vehicle market Preliminary figures for vehicles from the model year 2021 single out pickup trucks as the type of vehicle with the highest carbon dioxide emission levels, followed by vans. The overall CO2 emissions of new light-duty vehicles have decreased since 2017, but remain over *** grams per mile for all vehicle types, with Sedans recording the lowest emission levels. Incentives to switch to alternative fuels with lower emission levels in the U.S. can include the annual fuel cost for light-duty vehicles, with all-electric vehicles recording the lowest fuel costs between *** and *** U.S. dollars per year as of 2021. However, the cost of fueling hybrid vehicles could climb higher than the cost of diesel-powered units. That same year, one in fifth states was considered an accessible market for consumers wishing to own an electric vehicle.

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