Total Vehicle Sales in the United States increased to 16.40 Million in September from 16.10 Million in August of 2025. This dataset provides the latest reported value for - United States Total Vehicle Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The North America Automotive Market Report is Segmented by Vehicle Type (Passenger Cars, Light Commercial Vehicles, and More), Propulsion Type (ICE, and More), Sales Channel (OEM-Franchised Dealer, and More), Level of Automation (Level 0–1, Level 2, Level 3, and Level 4–5), and Country (United States, Canada, Rest of North America). The Market Forecasts are Provided in Terms of Value (USD) and Volume in Units.

U.S. motor vehicle production is projected to reach some **** million units by 2025. Following strong post financial crisis growth, the U.S. motor industry is expected to enter a phase of stagnation between 2020 and 2022. Sales outstrip production Even though motor vehicle sales in the United States are projected to slow down in the medium term, the U.S. is tipped to remain North America's largest vehicle sales market, and North American motor vehicle demand will likely continue to be greater than supply in 2020 with over ** million units to be sold in North America. U.S. light vehicle sales are expected to hover around **** million units in 2025. Global production trend Worldwide automobile production is declining as globalization wanes. China is the largest manufacturer and consumer of passenger cars in the world. Import tariffs on Chinese autos and parts into the United States or vice versa could have a knock-on effect in other regions. Uncertainty of Brexit as well as sluggish economic trends in Japan and China are also likely to lower global motor production.

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.

Worldwide car sales grew to around 78 million automobiles in 2024, up from around 75.3 million units in 2023. Throughout 2020 and 2021, the sector experienced a downward trend on the back of a slowing global economy, while COVID-19 and the Russian war on Ukraine contributed to shortages in the automotive semiconductor industry and further supply chain disruptions in 2022. Despite these challenges, 2023 and 2024 sales surpassed pre-pandemic levels and are forecast to keep rising through 2025. Covid-19 hits car demand It had been estimated pre-pandemic that international car sales were on track to reach 80 million. While 2023 sales are still far away from that goal, this was the first year were car sales exceeded pre-pandemic values. The automotive market faced various challenges in 2023, including supply shortages, automotive layoffs, and strikes in North America. However, despite these hurdles, the North American market was among the fastest-growing regions in 2024, along with Eastern Europe and Asia, as auto sales in these regions increased year-on-year. Chinese market recovers After years of double-digit growth, China's economy began to lose steam in 2022, and recovery has been slow through 2023. China was the largest automobile market based on sales with around 25.8 million units in 2023. However, monthly car sales in China were in free-fall in April 2022 partly due to shortages, fears over a looming recession, and the country grappling with the COVID-19 pandemic. By June of that same year, monthly sales in China were closer to those recorded in 2021.

United States Used Car market was valued at USD 238.57 Billion in 2024 and is expected to reach USD 354.04 Billion by 2030 with a CAGR of 6.80%.

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US Automotive Service Market Size 2025-2029

The US automotive service market size is forecast to increase by USD 81 billion, at a CAGR of 9% between 2024 and 2029.

The automotive service market is experiencing significant growth due to several key factors. The increasing vehicle population, driven by factors such as rising disposable income and urbanization, is leading to a higher demand for automotive services. Additionally, the trend toward vehicle digitization and electric vehicles is creating new opportunities for service providers, as vehicles become more complex and require specialized expertise. 
However, the automotive aftermarket and automotive industry faces uncertainty due to factors such as changing consumer preferences, regulatory pressures, and technological disruptions. Service providers must adapt to these trends and challenges to remain competitive and meet the evolving needs of their customers.

What will be the Size of the market During the Forecast Period?

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The aftermarket automotive services industry encompasses the repair, maintenance, and modification of domestic passenger vehicles and special utility vehicles, including taxis, after the original manufacturer's warranty expires. Market dynamics are influenced by various factors, such as government rules governing emissions and safety standards, the proliferation of connected vehicles, and the rise of electric vehicles. The aging car population necessitates an increasing demand for replacement parts, including batteries, air filters, cabin filters, oil filters, wiper blades, and collision body parts.
Industry growth is fueled by annual maintenance costs, the adoption of shared mobility services, and the shift toward online sales platforms. Software expertise plays a crucial role in servicing software vehicle systems, from accessories to starters and alternators. Furthermore, mobility fleet sharing and the integration of shared vehicles into the market add complexity to the aftermarket services landscape.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Mechanical services
  Exterior and structural services
  Maintenance services


Vehicle Type

  Passenger cars
  Light commercial vehicles
  Two wheelers
  Heavy commercial vehicles


Propulsion

  Internal combustion engine
  Electric


Geography

  US

By Type Insights

The mechanical services segment is estimated to witness significant growth during the forecast period.

The market witnessed substantial expansion In the mechanical services segment in 2023, fueled by the rebound in domestic passenger vehicle sales. This recovery, following the pandemic, marked a record-breaking year for the automotive industry, with sales surpassing pre-pandemic levels. The increase in vehicles on the road heightened the demand for maintenance and repair services, primarily for passenger cars, which constituted over 70% of total global sales. Key factors contributing to this growth include the resurgence in demand for new passenger cars, the rise of electric and connected vehicles, and the emergence of mobility fleet sharing services. The market encompasses various service types, including mechanical, exterior and structural, franchise general repairs, local garage services, tire stores, repair chains, and collision services. The commercial vehicle sector, including light, medium, and heavy commercial vehicles, as well as two wheelers, also presents significant opportunities for growth.

Further, the industry's growth trajectory is influenced by factors such as urbanization, population boom, mergers & acquisitions, facility expansion, and the adoption of new technologies. The market caters to a diverse range of vehicle types and propulsion systems, including internal combustion engines, electric, hybrid, and aging cars. The market offers various aftermarket solutions, such as replacement parts, batteries, air filters, cabin filters, oil filters, wiper blades, collision body parts, starters, alternators, and accessories. The market's future growth is expected to be driven by factors such as increasing annual maintenance costs, the emergence of shared vehicles, and the adoption of predictive maintenance, subscription-based maintenance programs, and software vehicle systems.

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Market Dynamics

Our US Automotive Service Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key mark

United States Automotive Logistics Market Overview: The United States automotive logistics market is anticipated to reach a value of USD 75.82 billion by 2033, expanding at a robust 5.58% CAGR from 2025 to 2033. The industry's growth is driven by the increasing demand for efficient and reliable logistics services, the rise in vehicle production, and the growing adoption of e-commerce for automotive parts and vehicles. Key market drivers include the implementation of advanced technologies like AI and IoT, the need for optimizing supply chain operations, and the expansion of the automotive sector in the country. Market Segments and Competitive Landscape: The market is segmented based on type (finished vehicles, auto components, and others) and service (transportation, warehousing, distribution and inventory management, and other services). Transportation dominates the service segment due to the high volume of vehicle and auto component movement across the country. Major players in the automotive logistics market include DHL, Nippon Express, Penske Logistics, GEFCO, C.H. Robinson Worldwide, US Auto Logistics, CFR Rinkens, J.B. Hunt Transport Services Inc., Expeditors International of Washington Inc., and Ryder System Inc. These companies offer a range of services to meet the diverse needs of the automotive industry, including intermodal transportation, specialized equipment handling, inventory management, and distribution. Key drivers for this market are: 4., Growth of E-commerce and Online Sales4.; Demand from Light Vehicle Production. Potential restraints include: 4., Fluctuating fuel prices4.; Shortage of skilled workforce. Notable trends are: Electric Vehicle Sector growing in the United States.

The United States Used Car Market Report is Segmented by Vendor Type (Organized and Unorganized), Fuel Type (Petrol, Diesel, Hybrid, and Battery Electric), Body Type (Hatchback, Sedan, and More), Sales Channel (Online and Offline), and State. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

United States Automotive Loan Market was valued at USD 162.34 Billion in 2024 and is expected to reach USD 178.23 Billion by 2030 with a CAGR of 7.21%.

The United States automotive heat exchanger market is experiencing robust growth, driven by the increasing demand for fuel-efficient vehicles and stringent emission regulations. The market, valued at approximately $XX million in 2025 (assuming a logical estimation based on the provided CAGR of 8.60% and a known market size at an unspecified year), is projected to witness a substantial expansion throughout the forecast period (2025-2033). Key growth drivers include the rising adoption of advanced driver-assistance systems (ADAS), the increasing popularity of electric vehicles (EVs) and hybrid electric vehicles (HEVs), and the continuous development of more efficient and lightweight heat exchanger technologies. The passenger car segment currently dominates the market share, but the commercial vehicle segment is expected to exhibit significant growth due to the rising demand for heavy-duty vehicles and improved fuel efficiency requirements in the trucking industry. Furthermore, the increasing adoption of advanced cooling systems such as oil coolers and intercoolers, crucial for enhanced engine performance and durability, is further propelling market expansion. Leading players such as Denso, Delphi, Magneti Marelli, and Bosch are actively investing in research and development to introduce innovative heat exchanger designs and materials, enhancing their competitive edge. However, the market faces certain challenges. Fluctuations in raw material prices, particularly for metals used in heat exchanger manufacturing, can impact profitability. Furthermore, technological advancements, while beneficial in the long run, may require significant upfront investments for manufacturers. Despite these restraints, the long-term outlook for the US automotive heat exchanger market remains positive, with sustained growth fueled by technological advancements, stricter emissions regulations, and the continuous rise in vehicle production. The segmentation by application (radiators, oil coolers, intercoolers, air conditioning, others) provides valuable insights into specific market trends and opportunities. The focus on improved fuel efficiency and reduced emissions across all vehicle types will likely lead to further innovation and expansion within the market, creating lucrative opportunities for existing and emerging players. This comprehensive report provides a detailed analysis of the United States automotive heat exchanger market, encompassing the historical period (2019-2024), base year (2025), and forecast period (2025-2033). It offers invaluable insights into market size, growth drivers, challenges, and future trends, focusing on key segments like passenger cars and commercial vehicles, and applications including radiators, oil coolers, intercoolers, and air conditioning systems. The report also profiles leading players such as Denso, Delphi, and Bosch, analyzing their market share, strategies, and innovations. This research is crucial for automotive manufacturers, suppliers, investors, and industry stakeholders seeking to navigate the dynamic landscape of the US automotive heat exchanger market. Key drivers for this market are: Increasing Demand for Enhanced Ride Comfort. Potential restraints include: High Upfront Cost of Advanced Suspension Systems. Notable trends are: Growing Electric Vehicle Sales Boosting the Demand for Heat Exchangers.

The US Automotive Market size was worth around USD 4.35 billion in 2023 and is predicted to grow to around USD 10.67 billion by 2032 with a CAGR of roughly 10.5%.

Light vehicle sales in the United States could grow by 12.3 percent between 2022 and 2023. The U.S. auto industry is expected to sell about 15.5 million vehicles in a scenario that is based on data available through October 2023. Auto demand is expected to rebound
U.S. light vehicle demand started to bounce back in 2021, but the automotive semiconductor shortage is expected to lead to production cuts and lower sales. In 2021, motorists in the U.S. bought some 15 million new automobiles and light trucks, up from around 14.5 million units in 2020. The industry experienced record sales between 2015 and 2018 when new light vehicle sales in the U.S. exceeded 17 million units. Consumer confidence matters
Light vehicle demand picked up steam in the second half of 2020 after experiencing a sharp slump between March and May. The market defied predictions according to which new motor vehicle owners would not add new vehicles soon to the cars and light trucks already in their driveways. In 2022, the average price of a new light vehicle came to roughly 46,300 U.S. dollars. Consumers are typically less willing to make such a large investment when the economy slows down. In 2022, some 79.7 percent of new-vehicle buyers use financing schemes. In 2021, the average age of vehicles on U.S. roads was 12.1 years.

United States Automotive Coolant market was valued at USD 867.62 Million in 202 and is expected to reach USD 1127.92 Million by 2030 with a CAGR of 4.47%.

United States automotive seat market size reached USD 17.47 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 24.94 Billion by 2033, exhibiting a growth rate (CAGR) of 4.03% during 2025-2033. The increasing rate of urbanization and the resulting traffic congestion in many regions, which have led to a demand for more comfortable and ergonomic seats, especially in city-friendly vehicles, is driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2025-2033​. Our report has categorized the market based on material type, seat type, vehicle type, and vehicle energy source.

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US Used Car Market Size 2025-2029

The US used car market size is forecast to increase by USD 40.2 billion, at a CAGR of 4.3% between 2024 and 2029.

The used car market in the US is witnessing significant growth, driven by the excellent value proposition that used cars offer to consumers. The increasing popularity of websites dedicated to selling used cars has expanded market reach and convenience, allowing consumers to browse and purchase vehicles online. Stringent emission regulations are restricting the sales of non-compliant used cars, necessitating investments in upgrading and maintaining commercial vehicle fleets to meet regulatory requirements. These regulations necessitate investments in emission testing and certification processes, increasing operational costs for dealers. To capitalize on opportunities, dealers can focus on offering certified pre-owned vehicles and implementing robust emission testing procedures.
Additionally, leveraging digital marketing strategies and offering flexible financing options can help attract and retain customers. Overall, the used car market presents both challenges and opportunities for players, requiring strategic planning and innovation to succeed.

What will be the size of the US Used Car Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The used car market in the US continues to evolve, with various sectors adapting to emerging trends and technologies. Vehicle data analysis plays a pivotal role in understanding vehicle depreciation curves and return on investment for dealers. Payment processing systems streamline sales transactions, while sales performance metrics and customer lifetime value inform strategic decision-making. Fraud detection systems ensure compliance with legal standards, and insurance cost factors influence acquisition channel efficiency. Inventory turnover rate, a key performance indicator, varies across dealerships. Compliance audits and dealer training programs maintain legal compliance and improve customer satisfaction. Market penetration rate and resale value prediction help dealers optimize pricing models.
Consumer protection laws and financing product offerings shape customer trust and loyalty. Operating costs analysis, customer service feedback, and sales conversion rates contribute to profit margin calculation. Risk assessment models, employee performance metrics, marketing spend efficiency, and pricing model validation are essential for long-term success. A recent study reveals a 5% increase in sales for dealerships implementing advanced data analytics. Industry growth is expected to reach 3% annually, driven by these evolving market dynamics.

How is this market segmented?

The US used car market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  3P channel sales
  OEM channel sales


Product

  Mid size
  Full size
  Compact size


Vendor Type

  Organized
  Unorganized


Fuel Type

  Diesel
  Petrol


Geography

  North America

    US

By Distribution Channel Insights

The 3P channel sales segment is estimated to witness significant growth during the forecast period.

The used car market in the US is an active and dynamic sector, driven by various factors. With the constant launch of new vehicle models, the supply of used cars increases, resulting in lower prices compared to new cars. This trend encourages car owners to sell their vehicles and upgrade to newer models, shortening the average ownership cycle. Online advertising platforms play a significant role in connecting buyers and sellers. Pre-purchase inspections and vehicle history reports ensure transparency and build trust. Repairs cost estimation and parts sourcing networks help in managing the expenses of used car ownership. Market segmentation strategies cater to different customer needs, while customer relationship management tools foster loyalty.

Emissions testing standards ensure the environmental sustainability of used vehicles. Auto appraisal value tools help in determining fair prices, and loan term comparison aids in financing decisions. Marketing campaign effectiveness is measured through customer acquisition cost and interest rate calculation. Mobile apps offer functionalities like mechanical inspection checklists, paint depth measurement, and damage assessment tools. Dealer inventory management, detailing services, and vehicle photography techniques enhance the sales process. Industry growth is expected to continue, with the used car market projected to expand by 3% annually. For instance, a dealership successfully increased its sales by 15% thr

US Automotive Industry Market is set for strong growth through 2030, driven by rising EV adoption, tech integration (AI, IIoT), MaaS expansion & supportive government policies.

In September 2024, the U.S. automotive industry's inventory-to-sales ratio decreased compared to August 2024, reaching 1.27. This was however a slight uptick compared to the levels recorded in 2022, when the global chip shortage depleted automotive dealerships' car supply. Chip shortage impacts supply The inventory/sales ratio reported in February 2022 was a record low for the United States' automotive sector, lower than the ratio one month earlier, in January 2022. The ratio slumped when U.S. vehicle sales began to gain steam and supply remained low amid shortages of automotive parts, most notably microchips. In contrast, the inventory-to-sales level rose to its highest in January 2009 amid the 2008/09 financial crisis, reaching about 4.6. High demand but low consumer satisfaction The impact of the shortage is not just felt by dealerships but also impacts consumers' car buying experience. Around 48 percent of U.S. consumers intended to buy a car as of September 2024, a share which remained stable compared to survey results gathered from October 2021 to September 2022. Some of the most in demand brands in the United States maintained relatively low days of supply values, indicative of potential issues for consumers looking to acquire a popular model.

United States Automotive Scissor Lift Market was valued at USD 798.58 million in 2024 and is expected to reach USD 1100.47 Million by 2030 with a CAGR of 5.51%.

Light vehicle sales in the United States are anticipated to slowly grow in 2022, despite the impact of the Russian invasion of Ukraine on automakers. U.S. light vehicle sales are projected to reach some **** million units in 2022, while it is expected that the auto industry in Europe will sell about **** million units that same year. Chinese light vehicle sales are projected to rise to just under **** million units in 2022.