Country that buys new cars more
According to various sources, including the International Organization of Motor Vehicle Manufacturers (OICA) and the International Trade Centre, the top 10 countries that buy the most new cars are:
- United States: With over 17 million new cars sold in 2020, the US is the largest market for new cars in the world.
- China: China is the second-largest market, with over 14 million new cars sold in 2020. The country's growing middle class and increasing urbanization have driven demand for new cars.
- Japan: Japan is the third-largest market, with over 5 million new cars sold in 2020. The country's strong economy and high population density have contributed to its high demand for new cars.
- Germany: Germany is the fourth-largest market, with over 3.5 million new cars sold in 2020. The country's strong economy and high standard of living have driven demand for new cars.
- United Kingdom: The UK is the fifth-largest market, with over 2.5 million new cars sold in 2020. The country's strong economy and high population density have contributed to its high demand for new cars.
- India: India is the sixth-largest market, with over 2.3 million new cars sold in 2020. The country's growing middle class and increasing urbanization have driven demand for new cars.
- South Korea: South Korea is the seventh-largest market, with over 2.2 million new cars sold in 2020. The country's strong economy and high technology sector have contributed to its high demand for new cars.
- France: France is the eighth-largest market, with over 2.1 million new cars sold in 2020. The country's strong economy and high standard of living have driven demand for new cars.
- Italy: Italy is the ninth-largest market, with over 1.9 million new cars sold in 2020. The country's strong economy and high standard of living have contributed to its high demand for new cars.
- Canada: Canada is the tenth-largest market, with over 1.8 million new cars sold in 2020. The country's strong economy and high standard of living have driven demand for new cars.
Note: These numbers are based on 2020 data and may have changed since then.