Motor Vehicle Sales by Country
The United States and China are the two powers in the automobile industry. China ranks first in global automobile vehicle sales, with 26.86 million units sold in 2022. The United States ranks second in global automobile vehicle sales, with 14.23 million units sold in 2022.
Rapid growth in vehicle sales in India has propelled it to third place globally. Historically, Japan has been a major player in the automotive industry and has seen a decline in growth compared to emerging markets like India.