51 Automotive Industry Statistics to Highlight the Latest Trends

People choices And preferences change quickly. Just A decade There is, sedans were A popular choice. NOW, SUV call has buyers.

THE generally tendencies say A plot about What THE majority of Drivers are ask For, And THE manufacturers deliver therefore. If It is For commercial Or staff to use, THE see Since THE in front seat of THE car industry looks great!

HAS amp up A brand, a lot manufacturers And dealers to have begin has capitalize on modern technology as automobile marketing software. These tools help dealers walk their services, exaggeration up THE excitement surrounding their brand.

Manufacturers And dealers must match THE changing walk dynamic has survive And prosper In THE automobile sector. To study THE tendencies And statistics below will help You adapt.

High automobile industry statistics

These statistics discuss THE automobile the market value, units sold, And THE impact on A country raw domestic product (GDP).

In 2023, THE WE car manufacturing walk was value $104.1 billion. 10.9 million light trucks And 2.9 million cars were sold In THE WE In 2022. 105 billion items related has engine Vehicles And rooms were exported In 2021 Since THE WE These were THE second the biggest In exports. THE Indian automobile sector contributed 7.1% has THE generally GDP And 49% has THE manufacturing GDP In 2021. Oil to use In cars, except For SUVs, fell by ten% In 2020. This drop, equal has 1.8 million barrels every day, was probably because of THE COVID-19 pandemic. Between 2014 And 2019, Kia cars cut down their CO2 broadcasts THE most of them, get 31 kilometers by gallon. Global automobile industry statistics

What You see locally differs significantly Since THE big picture of THE automobile world.. You can observe A contraction walk In your hometown , but that doesn't mean opportunities has sell out local borders don't do it exist. These statistics reflect THE automobile industry on A global ladder.

With 9.2 million Vehicles do In 2021, THE WE became THE of the world second biggest car producer. China was THE high car producer, craftsmanship on 25 million In 2021.

Vehicles were registered In 2022.

Source: PD Insurance

57 million passenger cars were product global In 2022. Around 67 million cars were sold In 2022 worldwide. THE income of THE global automobile manufacturing industry In 2022 was 2.86 trillion. WE automobile industry statistics

If We explore THE WE walk, There is A plot has to understand And to use. THE statistics below suggest how THE WE feels, won, And benefits Since THE automobile industry.

THE three significant WE car creators are general manager, Decree Chrysler, And Ford. They confront difficult global competition Since Toyota, Hyundai, And Honda. Take A moment with THE Statistics below has see how THE WE shapes It is automobile sector.

In 2021, 9.2 million Vehicles were do In THE WE. Vehicle production In THE WE grown up by 4.5% Since 2020 has 2021. Cars And related Industries contribute 3% has THE WE economy. THE WE had 36.2 million used Vehicles change hands In 2022. Americans bought around 1:75 p.m. million cars In 2022. In 2020, almost 91.5% of American houses had has less A vehicle. THE number of Vehicles registered In THE WE reached 290.8 million In 2022. 77.6 million Vehicles were do global In 2020, with THE WE dragging only China In production Numbers. THE WE exported about 1.6 million cars And light Vehicles In 2021. Vehicle exports Since THE WE grown up by 14.3%. Canada was THE high Buyer of WE cars In 2021.

cars And light trucks were sold In THE WE In 2022.

Source: Statist

THE car industry East THE the biggest job Creator And exporter In THE WE He Also led In research And development investments. Stranger investors pump $114.6 billion In THE WE vs...