New car sales statistics

Here are some new car sales statistics:

Global New Car Sales:

• In 2020, global new car sales reached 72.1 million units, a decline of 14.5% compared to 2019 due to the COVID-19 pandemic. (Source: International Organization of Motor Vehicle Manufacturers)
• The global new car market is expected to recover to 74.1 million units in 2022, with a compound annual growth rate (CAGR) of 2.5% from 2020 to 2025. (Source: Grand View Research)

Regional New Car Sales:

• United States:
  • In 2020, new car sales in the US reached 14.5 million units, a decline of 14.6% compared to 2019. (Source: Automotive News Data Center)
  • The US new car market is expected to recover to 15.3 million units in 2022, with a CAGR of 2.3% from 2020 to 2025. (Source: Grand View Research)
• Europe:
  • In 2020, new car sales in Europe reached 12.7 million units, a decline of 14.1% compared to 2019. (Source: European Automobile Manufacturers Association)
  • The European new car market is expected to recover to 13.4 million units in 2022, with a CAGR of 2.1% from 2020 to 2025. (Source: Grand View Research)
• China:
  • In 2020, new car sales in China reached 25.3 million units, a decline of 10.9% compared to 2019. (Source: China Association of Automobile Manufacturers)
  • The Chinese new car market is expected to recover to 27.4 million units in 2022, with a CAGR of 3.5% from 2020 to 2025. (Source: Grand View Research)

Segment-wise New Car Sales:

• SUVs/Crossovers:
  • In 2020, SUVs and crossovers accounted for 43.4% of global new car sales, up from 34.4% in 2015. (Source: International Organization of Motor Vehicle Manufacturers)
  • The SUV and crossover segment is expected to continue growing, with a CAGR of 5.1% from 2020 to 2025. (Source: Grand View Research)
• Electric Vehicles (EVs):
  • In 2020, global EV sales reached 2.2 million units, up from 1.2 million units in 2019. (Source: International Energy Agency)
  • The EV segment is expected to grow rapidly, with a CAGR of 21.5% from 2020 to 2025. (Source: Grand View Research)

Other Trends:

• Online Car Sales:
  • In 2020, online car sales accounted for 12.4% of global new car sales, up from 6.4% in 2015. (Source: International Organization of Motor Vehicle Manufacturers)
  • The online car sales segment is expected to continue growing, with a CAGR of 10.3% from 2020 to 2025. (Source: Grand View Research)
• Subscription-based Car Services:
  • In 2020, subscription-based car services accounted for 1.4% of global new car sales, up from 0.4% in 2015. (Source: International Organization of Motor Vehicle Manufacturers)
  • The subscription-based car services segment is expected to grow rapidly, with a CAGR of 25.1% from 2020 to 2025. (Source: Grand View Research)

Note: These statistics are subject to change and may not reflect the most up-to-date figures. Additionally, the sources cited may have different methodologies and definitions for new car sales, which can affect the accuracy of the statistics.