In full year 2024, China produced over 31 million vehicles and exports increased to nearly 6 million cars — Chery and SAIC were the top Chinese car exporters. 2024 (January to December): the Chinese new car market expanded to 31.44 million vehicles while vehicle production in China increased to 31.3 million vehicles. Chinese carmakers had … Read more
In 2023, car sales worldwide increased in all major countries with China selling a record 25.8 million vehicles and Mexico the fastest growing large market. Worldwide car sales in full-year 2023: car sales in China was at a record 25.8 million vehicles — over 10 million vehicles more than in the USA. India was again … Read more
In 2022, international car sales were flat with China the largest single-country market worldwide and India the fastest-growing major global vehicle market. Worldwide car sales in full-year 2022 were flat but the only major international markets recording growth were India and China. China remained by far the largest single-country car market in the world by … Read more
In 2021, car sales worldwide increased by 4% with China the largest single-country new car market and India the fastest-growing major global vehicle market. In full-year 2021, global car sales were slightly stronger in most major regions of the world. China remained the largest and best-performing major single-country car market in the world with sales … Read more
In 2020, car sales worldwide contracted by 15%. China and Russia performed the best. Car sales in Japan, the USA, and India were down by double-digit percentages while the European and Brazilian new car markets contracted by a quarter. In full-year 2020, global car sales were weaker in all major regions of the world. China … Read more
In 2020, German luxury car brands Mercedes-Benz, BMW, Audi, Porsche, and VW had weaker sales worldwide but gained market share especially in China. In full-year 2020, German luxury carmakers and premium brands had weaker sales but mostly gained market share in major markets worldwide. Although global sales were lower, German car brands mostly increased sales … Read more
2020 (Q3): China had 365 million motorized vehicles on the road, including around 280 million cars, and in total 450 million licensed drivers. The total number of motorized vehicles, cars, and licensed drivers in China continued to increase sharply in 2020. Thus far in 2020, an additional 23 million new vehicles were registered for use … Read more
In 2019, car sales worldwide were mostly weaker. Although new car sales increased in Brazil and Europe, the Japanese, Russian and US markets were weaker while the car market in China and India contracted sharply. In 2019, global car sales were mostly weaker with worldwide car sales around 4% lower than a year ago. China … Read more
In 2019, German luxury car brands Mercedes-Benz, BMW and Porsche had record sales worldwide and in China. Audi and Volkswagen had strong sales too. In full-year 2019, German luxury carmakers and premium brands had strong sales and gained market share in several major markets. Mercedes-Benz and BMW both had their ninth consecutive record year in … Read more
In 2018, German car brands Volkswagen, BMW, Mercedes-Benz and Porsche had record sales worldwide and in China. Audi sales were lower. German luxury and premium car brands mostly outperformed the broader market. In 2018, German luxury carmakers BMW, Mercedes-Benz and Porsche achieved the eighth consecutive year of higher worldwide car sales. Volkswagens also sold in … Read more