New auto sales

Here are some key statistics and trends in the new auto sales market:

2022 Sales Figures:

• In the United States, new light vehicle sales totaled 14.5 million units in 2022, a 1.3% increase from 2021. (Source: Automotive News Data Center)
• Globally, new vehicle sales reached 92.7 million units in 2022, a 2.5% increase from 2021. (Source: International Organization of Motor Vehicle Manufacturers)

Trends:

• Electric vehicles (EVs) continue to gain popularity, with sales increasing by 55% in 2022 compared to the previous year. (Source: InsideEVs)
• SUVs and crossovers remain the most popular vehicle type, accounting for over 40% of new vehicle sales in the US. (Source: Automotive News Data Center)
• Autonomous vehicles are becoming more mainstream, with many manufacturers investing heavily in autonomous technology. (Source: Forbes)
• Online car shopping is on the rise, with many consumers preferring to research and purchase vehicles online rather than visiting physical dealerships. (Source: Cox Automotive)

Best-Selling Vehicles:

• In the US, the top 5 best-selling vehicles in 2022 were:
  1. Ford F-Series
  2. Chevrolet Silverado
  3. Ram Pickup
  4. Toyota RAV4
  5. Honda CR-V (Source: Automotive News Data Center)
• Globally, the top 5 best-selling vehicles in 2022 were:
  1. Toyota Corolla
  2. Ford F-Series
  3. Volkswagen Golf
  4. Honda Civic
  5. Toyota RAV4 (Source: International Organization of Motor Vehicle Manufacturers)

Industry Insights:

• The global automotive industry is expected to continue growing, driven by increasing demand for electric vehicles and autonomous technology. (Source: McKinsey & Company)
• The rise of online car shopping is forcing dealerships to adapt and invest in digital marketing and e-commerce capabilities. (Source: Cox Automotive)
• The industry is also facing challenges related to supply chain disruptions, semiconductor shortages, and increasing competition from technology companies. (Source: Automotive News)

I hope this information is helpful!