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Growth forecast for the international auto sales by market 2020-2023

Published by
Mathilde Carlier,
Mar 23, 2023
Light vehicle sales in the United States are anticipated to slowly grow in 2022, despite the impact of the Russian invasion of Ukraine on automakers. U.S. light vehicle sales are projected to reach some 15.2 million units in 2022, while it is expected that the auto industry in Europe will sell about 16.1 million units that same year. Chinese light vehicle sales are projected to rise to just under 24.2 million units in 2022.

Projected light vehicle sales growth worldwide between 2020 and 2023, by major market

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Source

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Release date

March 2022

Region

Worldwide

Survey time period

2020 through March 2022

Supplementary notes

The source specified an upper and a lower estimate; the values are averages of these ranges.
The figures are projections referring to new vehicle sales.
Forecast as of March 2022

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