Global car sales fluctuated over the past years amid disruptions in the industry. In 2023, car sales worldwide grew past pre-pandemic levels.
The market size of the Global Car & Automobile Sales industry increased 0.7% in 2023. Has the Global Car & Automobile Sales industry grown or declined over the past 5 years? The market size of the Global Car & Automobile Sales industry has declined 0.6% per year on average between 2018 an...
In full-year 2022, global sales of the combined car brands of the Volkswagen Group contracted by 7% to 8,262,800 vehicles. Worldwide sales were lower for Volkswagen, Skoda, Seat, and Audi while the more expensive premium brands Bentley, Lamborghini, and Porsche had record sales. China ...
Global light vehicle sales in 2022 are expected to fall short of both 2021 sales and previous forecasts for the current year as demand destruction begins to impact the market, analysts with S&P Global Mobility said Oct. 18. "The narrative is now shifting from supply constraints and the unleashi...
In 2022, worldwide battery-electric car sales by all brands of the Volkswagen Group increased globally by 26%
How much is the automobile industry worth? The global car manufacturing market size fluctuated since 2019, with forecasts projecting an increase in 2023.
The company’s first dedicated all-electric model, the Kia EV6, has also been named the 2022 European Car of the Year in February. As the first Korean brand to win this prestigious accolade, it provides a clear acknowledgement of the company’s transition to become a sustainable mobility sol...
However, China provides a new driving force for the world's automobile industry as the biggest global electric vehicle (EV) sales market. In 2022, China's sales of new energy vehicles reached 6.8 million, accounting for 63 percent of total global sales. The increased demand...
After a record breaking year of global electric car sales in 2022, Chinese car manufacturer BYD has overtaken Tesla as the world's leading producer of EVs after selling 1.85 million units last year,according to a new report by The International Energy Agency (IEA). ...
comparable months last year, but BYD's sales still surged. Moreover, he said that BYD aims to become China's largest automaker by the end of this year. SMM analysis showed that BYD's performance in sales partially benefited from the release of BYD's new car model Qin PLUS DM-...