In 2024, Mexico was the number one country of origin for U.S. light vehicle imports, with a value of almost 78.5 billion U.S. dollars. Japan and South Korea were also leading countries of origin for U.S. imports. The Japanese brand Toyota was among the best-selling passenger car brands in the United States.

China Automobile: Imports: Total data was reported at 3.664 USD bn in Mar 2025. This records an increase from the previous number of 3.530 USD bn for Feb 2025. China Automobile: Imports: Total data is updated monthly, averaging 5.916 USD bn from Jan 2003 (Median) to Mar 2025, with 267 observations. The data reached an all-time high of 11.061 USD bn in Jul 2018 and a record low of 370.294 USD mn in Feb 2003. China Automobile: Imports: Total data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under Global Database’s China – Table CN.RAE: Automobile Import: Monthly. [COVID-19-IMPACT]

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

The United States reported a negative trade balance in its passenger motor vehicle trade with Canada since 2008. Imports from its North American neighbor were at their lowest in 2009, impacted by the financial crisis which rattled the country. By 2024, the U.S. imported passenger cars worth a total of around 31.2 billion U.S. dollars from Canada, in part as the Big Three automakers (Stellantis, Ford, and General Motors) outsource part of their production in the northern country.

In 2023, U.S. light vehicle exports increased by around *** percent year-on-year. About **** million passenger cars and light vehicles were exported from the United States in 2023. Canada was the leading target country for U.S. passenger vehicle exports based on export value.

United States US: Total Road Motor Vehicles: %: Goods Road Motor Vehicles data was reported at 53.359 % in 2019. This records an increase from the previous number of 52.030 % for 2018. United States US: Total Road Motor Vehicles: %: Goods Road Motor Vehicles data is updated yearly, averaging 42.797 % from Dec 1994 (Median) to 2019, with 26 observations. The data reached an all-time high of 53.359 % in 2019 and a record low of 34.325 % in 1994. United States US: Total Road Motor Vehicles: %: Goods Road Motor Vehicles data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ITF: Motor Vehicles Statistics: OECD Member: Annual. The stock of road motor vehicles is the number of road motor vehicles registered at a given date in a country and licenced to use roads open to public traffic. This includes road vehicles exempted from annual taxes or licence fee; it also includes imported second-hand vehicles and other road vehicles according to national practices. It should not include military vehicles.; GOODS VEHICLES A goods road vehicle is any single road motor vehicle designed to carry goods (e.g. a lorry), or any coupled combination of road vehicles designed to carry goods (i.e. lorry with trailer(s), or road tractor with or without semi-trailer and with or without trailer). VEHICLES A road motor vehicle is a road vehicle fitted with an engine whence it derives its sole means of propulsion, which is normally used for carrying persons or goods or for drawing, on the road, vehicles used for the carriage of persons or goods.; GOODS VEHICLES Data refer to vehicles other than motorised two-wheelers, passenger cars and buses. VEHICLES Motor vehicle refers to any motorised (mechanically or electronically powered) road vehicle not operated on rails.

United States US: Total Road Motor Vehicles: %: Motorcycles data was reported at 2.872 % in 2019. This records a decrease from the previous number of 2.915 % for 2018. United States US: Total Road Motor Vehicles: %: Motorcycles data is updated yearly, averaging 2.714 % from Dec 1994 (Median) to 2019, with 26 observations. The data reached an all-time high of 3.183 % in 2011 and a record low of 1.864 % in 1998. United States US: Total Road Motor Vehicles: %: Motorcycles data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ITF: Motor Vehicles Statistics: OECD Member: Annual. The stock of road motor vehicles is the number of road motor vehicles registered at a given date in a country and licenced to use roads open to public traffic. This includes road vehicles exempted from annual taxes or licence fee; it also includes imported second-hand vehicles and other road vehicles according to national practices. It should not include military vehicles.; MOTORCYCLES A motorcycle is a two, three, or four-wheeled motor vehicle not exceeding 4000 kg (900 lb) of unladen weight. All such vehicles with a cylinder capacity of 50 cc or over are included, as those under 50 cc which do not meet the definition of moped. It refers to categories L3, L4, L5, L6 and L7 of the UN Consolidated Resolution on the Construction of Vehicles. VEHICLES A road motor vehicle is a road vehicle fitted with an engine whence it derives its sole means of propulsion, which is normally used for carrying persons or goods or for drawing, on the road, vehicles used for the carriage of persons or goods.; MOTORCYCLES Data include mopeds. Data do not include four-wheeled road vehicles. VEHICLES Motor vehicle refers to any motorised (mechanically or electronically powered) road vehicle not operated on rails.

In 2024, China imported a total of about ******* passenger cars and commercial vehicles, decreasing by over ** percent compared to the previous year. In that year, the Japanese vehicle brand Lexus was the most imported brand, followed by Mercedes-Benz and BMW.

China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

Motor vehicle sales grew by some 11.9 percent worldwide between 2022 and 2023. Passenger vehicles increased by around 11.3 percent compared to the previous year when some 58.6 million cars were sold worldwide. The current state of the market In 2023, motor vehicle sales reached over 92.7 million units worldwide. China was the largest automobile market worldwide, making up close to 25.8 million of the new car registrations that same year. The United States and Europe ranked second and third, with light vehicle sales reaching approximately 15.5 million units in the U.S. market. The German-based Volkswagen Group and Japanese Toyota Motor were the global leading automakers, with revenues reaching around 348.6 and 311.9 billion U.S. dollars respectively as of May 2024. The path to recovery The automotive chip shortage led to around 11.3 million vehicles being cut from worldwide production in 2021, and forecasts estimate that these disruptions in the automotive supply chain will contribute to the removal of another seven million units from production in 2022. However, despite these challenges, the demand for passenger cars increased in 2021 and 2022, as car sales slowly started to increase. This is partly due to consumers' interest in electric vehicles. Autonomous,electrified, and battery electric vehicles are also forecast to gain popularity in the next decades. Electrified vehicles are projected to make up close to a quarter of car sales worldwide by 2025. By 2040, China is forecast to be one of the largest market for autonomous vehicle sales.

In 2023, Italy was the third largest European market for Ferrari, after the United Kingdom and Germany. The domestic sales volume of Ferrari luxury cars amounted to *** units, just over **** as many as the amount shipped to Germany. Despite its lower sales volume, the brand is a national icon and keeps on generating considerable social media buzz in Italy, especially on Facebook. A global status symbol It was in Asia, however, that Ferrari had the highest market share. Here, the Italian manufacturer accounted for over a ******* of the luxury car market. New affluent customers in Asia were particularly attracted by Ferrari’s reputation for exclusivity. The sales volume in Asian countries accounted for about *********** of the total number of car shipments made in 2021. Ferrari’s low production strategy To keep this reputation among its customers, Ferrari deliberately pursued a low production strategy. In 2021, only about ****** road cars were shipped worldwide, with sports cars making up ********** of the total. By comparison, the German manufacturer Mercedes-Benz delivered about *********** cars a year earlier.

North Macedonia MK: Motorcycles: Per One Million Units of Current USD GDP data was reported at 1.052 Ratio in 2018. This records a decrease from the previous number of 1.250 Ratio for 2017. North Macedonia MK: Motorcycles: Per One Million Units of Current USD GDP data is updated yearly, averaging 0.869 Ratio from Dec 2000 (Median) to 2018, with 17 observations. The data reached an all-time high of 1.250 Ratio in 2017 and a record low of 0.272 Ratio in 2005. North Macedonia MK: Motorcycles: Per One Million Units of Current USD GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s North Macedonia – Table MK.OECD.ITF: Motor Vehicles Statistics: Non OECD Member: Annual. MOTORCYCLES The stock of road motor vehicles is the number of road motor vehicles registered at a given date in a country and licenced to use roads open to public traffic. This includes road vehicles exempted from annual taxes or licence fee; it also includes imported second-hand vehicles and other road vehicles according to national practices. It should not include military vehicles.; MOTORCYCLES A motorcycle is a two, three, or four-wheeled motor vehicle not exceeding 4000 kg (900 lb) of unladen weight. All such vehicles with a cylinder capacity of 50 cc or over are included, as those under 50 cc which do not meet the definition of moped. It refers to categories L3, L4, L5, L6 and L7 of the UN Consolidated Resolution on the Construction of Vehicles.

By the end of 2024, the annual number of new vehicles sold in Morocco stood at *******, out of which ******* were passenger cars and ****** were commercial. Over the observed period, the total number of vehicles sold dropped to ******* in 2020. This was likely due to the impacts of the coronavirus (COVID-19) pandemic, and has since shown signs of recovery. Exports drive automotive sector growth The automotive industry has become a cornerstone of Morocco's export economy. In 2024, automotive exports reached a value of approximately **** billion U.S. dollars, showcasing significant growth from 2022. This sector accounted for the largest share of Morocco's exports at ** percent in 2023, surpassing traditional industries such as agriculture and agri-food. The country has established itself as Africa's leading car exporter, with exports valued at around *** billion U.S. dollars in 2023, outpacing competitors like South Africa. Key markets and future outlook France remains the primary destination for Moroccan automotive exports, accounting for **** percent of the total in 2023, followed by Italy and Turkey. This strong export performance has contributed to the overall growth of Morocco's automotive sector, which in turn supports domestic vehicle sales. As the industry continues to expand, it is likely to further boost the country's economy and potentially lead to increased domestic demand for new vehicles in the coming years.

In 2024, Ford remained the leading car brand in the United States based on vehicle sales, delivering about *** million units to U.S. customers. The United States is the largest market for Ford: wholesales to U.S. dealerships reached over *** million vehicles in 2023. Car sales among major manufacturers The top three U.S. car brands are assembled and distributed by the leading manufacturers in the U.S. market: Ford Motor Company, Toyota Motor Corporation, and General Motors (GM). As of the fourth quarter of 2024, GM's largest segment of sales was attributable to its Chevrolet-badged vehicles. Within the Ford Motor Corporation, the Ford division accounted for the largest number of vehicle sales. And finally, Toyota’s largest distribution of this sales volume was attributable to the Toyota brand vehicles. Automotive industry overview Production and sales volumes are declining among the key automotive brands in the United States, as a result of the accelerated automotive semiconductor shortage, the COVID-19 pandemic, and the fact that the automotive manufacturing and sales market is highly competitive both within the U.S. and globally. Electric vehicles emerged as the leading trend in Europe since 2020 and the U.S. electric vehicle industry has been catching up. Furthermore, it is forecast that autonomous vehicles will disrupt the U.S. market between 2020 and 2030.

In 2024, over **** million passenger cars were sold in China, making it the largest market in the Asia-Pacific region. India was the second-biggest market in the region, with nearly *** million unit sales in 2024. China - the biggest passenger car market China is by far the largest passenger car market in the world. Over half of the Asia-Pacific region’s and over a third of the world’s passenger car sales were attributed to China. The country’s car production is more than sufficient to meet domestic demand. However, China lags behind in passenger motor vehicle exports, with a value of around **** billion U.S. dollars in 2023, less than half of Germany’s passenger car export value. Electric vehicles development Electric vehicles (EVs) have increasingly gained popularity over the years, with their market share in passenger car sales more than tripling since 2020. In China, the largest EV market in the world, approximately *** million battery-electric passenger (BEV) cars were sold. This aligns with the success of three of the leading Chinese EV manufacturers, BYD, SAIC, and Geely-Volvo, who are among the best-selling BEV manufacturers globally. Yet, the BEV sector still faces challenges as customers remain concerned about driving range and charging time. Customers in the Asia-Pacific, in particular, tend to favor gas or diesel engines or hybrid engines over battery EVs.

The European Union is the main export destination for passenger cars exported by the United Kingdom. In 2024, ** percent of the cars sold by UK-based manufacturers went to member states of the EU. Total exports by the UK to the EU were valued at around ** million British pounds in the fourth quarter of that same year, and the EU is one of its most important trading partners. In recent years, the discrepancy between exports and imports has exacerbated the UK’s negative trade balance with the EU. Motor industry contribution In 2023, the UK motor industry contributed ** billion British pounds to the economy. It was the first year that the industry's revenue started to recover from the decline which started in 2020. Car production volumes The increase in economic contribution is a direct result of a decrease in production output. In 2023, around ******* passenger cars were manufactured. This was around **** percent more than the volume produced in the previous year.

As of January 2025, the most popular non-domestic car brand among South Korean consumers was BMW, which took up around 39 percent of non-domestic car registrations. German carmakers were popular in South Korea; the top registered non-domestic car brands were automakers based in Germany including Mercedes Benz and BMW. A preference for large, imported cars Imported automobiles are considered a premium purchase in South Korea. Looking at leading imported cars in terms of unit sales, the top four models featured on the list are all categorized as full-size, or large, cars. This segment is also known as E-segment/executive cars in Europe and the United Kingdom, and is perhaps a reflection of the general perception of foreign cars in South Korea. Overseas brands are becoming ubiquitous The number of cars imported to South Korea has dramatically increased over the years, especially during the early 2010s. Despite seeing some drops in recent years, South Korean customers have continued to display stable demand for vehicles manufactured by overseas brands. This is highlighted by the share of vehicle registrations in the country, which shows foreign automobiles accounting for a gradually increasing share of total registrations.

German car brands are known and exported the world over. The **** was the leading importer of motor vehicles from Germany, followed by the UK and China. Leading importers in the EU include ******, ***** and ***************. At the wheel Car brands such as BMW, Mercedes and Volkswagen (VW), to name just a few, are a key part of Germany’s international image and economic standing, belonging to one of the longest-running and most successful industries in the country. While all of the aforementioned brands rely on global automotive sales as their main sources of revenue, they also have to contend with a changing industry due to the introduction of electric cars. Any car brand wanting to continue being successful in the future has to integrate electric vehicle production into its process. In the broader context of Germany aiming to achieve energy transition, these new cars take on additional significance. Globally, the VW Group so far held *** percent of the plug-in electric vehicle market in 2024. Volkswagen leading car brand Which car brands are the most popular among German vehicle owners? Based on ownership share, Volkswagen consistently wins the race. However, the company also recorded lower ownership figures from 2020 to 2022. Opel and Mercedez-Benz were other popular choices. German car brands were also among the leading German brands worldwide, by brand value, with Mercedes-Benz valued at almost ** billion U.S. dollars and Volkswagen at around ** billion U.S. dollars.

In 2020, Mexico's total light vehicle exports amounted to nearly *** million units. Exports of light vehicles to the United States amounted to more than two million units, accounting for around **** percent of Mexican light vehicle exports. Canada ranked second that year, with an export volume of nearly ******* units.

Global demand for car and light commercial vehicle tires is expected to have surpassed *** billion units by 2018. Market growth peaked in 2013, when global demand for tires for cars and light commercial vehicles rose by *** percent. Tires in the U.S. The total market size for pneumatic tires in the United States was roughly ** billion U.S. dollars in 2015 and is expected to grow to ** billion U.S. dollars by 2022. American-based tire manufacturer, Goodyear, is the third largest in the world, with ** percent of the global market in 2018. Imports and trade Truck freight and passenger transport are necessary for the everyday of the country, making the automotive industry one of the key segments of the U.S. economy. Hence, changes in the automotive market can have noticeable effects on American lives. The implementation of tariffs on a wide array of imported goods has increased prices of motor vehicle tires; however, the volume of new pneumatic tires that are imported into the United States is actually on the rise.