About This Statistic
The statistic depicts global car sales by manufacturer in 2016. U.S.-based automotive manufacturer GM's global car sales came to just shy of 10 million vehicles in 2016. Over the past decades, China has emerged as one of the main growth markets for players in the global automobile industry, with car sales amounting to 24.4 million vehicles in 2016. Iran is one of the most exciting market in terms of passenger car production. Follow this link to get access to the top 100 automotive and automotive part companies list.
Leading automobile manufacturers worldwide
Worldwide car sales are expected to reach 77.8 million units in 2017. Increased demand from Chinese customers is predicted to offset sluggish car sales in Brazil and Russia, where a lack of consumer confidence and Western sanctions are adding to economic uncertainty.
The ranking of the major automotive companies in terms of brand value includes the leading automotive manufacturers Volkswagen, Toyota, General Motors and Renault-Nissan. The Toyota Motor Corporation sold around 10.18 million light and commercial vehicles in 2016. Toyota’s main markets include Japan and the United States. The U.S. is the second largest market for passenger vehicles worldwide. In March 2017, the U.S. automotive industry reported some 1.6 million vehicle sales. The upward trend in the world’s second-largest market for passenger vehicles is set to continue through 2018. In light of an aging light vehicle fleet, a growing number of people will also likely replace their old vehicle with a new one. On average, U.S. passenger cars are 11.6 years old. In the United States, the Toyota Camry and the Toyota Corolla/Matrix are ranked among the best-selling car models.