GITNUX MARKETDATA REPORT 2024

Automotive Industry Sales Statistics [Fresh Research]

Statistic 1

"By 2025, the connected car market is projected to be worth $212 billion."

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Statistic 2

"The U.S. automotive industry generated revenues of over $500 billion in 2020."

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Statistic 3

"In 2021, Tesla achieved a market share of approximately 13% in the electric vehicle market."

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Statistic 4

"Used vehicle sales in the U.S. surpassed 39 million units in 2020."

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Statistic 5

"The average age of vehicles on U.S. roads hit 12.1 years in 2020."

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Statistic 6

"Electric vehicle sales exceeded 3 million units worldwide in 2020."

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Statistic 7

"In 2020, Volkswagen was the largest car manufacturer by sales volume, producing over 9.3 million vehicles."

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Statistic 8

"The global automotive lubricants market was valued at approximately $66 billion in 2020."

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Statistic 9

"Japanese automobile manufacturers produced approximately 9.68 million vehicles in 2020."

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Statistic 10

"Automotive industry's contribution to GDP in Germany was around 5% in 2020."

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Statistic 11

"Global automotive industry R&D expenditure is around $130 billion annually."

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Statistic 12

"In 2020, the number of vehicles in use worldwide was about 1.4 billion units."

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Statistic 13

"Europe's car sales dropped by 24% in 2020 due to the COVID-19 pandemic."

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Statistic 14

"North America accounted for approximately 25% of global vehicle sales in 2020."

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Statistic 15

"Global automotive industry to transition 20% of new vehicle sales to fully electric by 2030."

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Statistic 16

"In 2022, global auto sales reached approximately 66 million units."

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Statistic 17

"The automotive industry employs over 9 million people directly worldwide."

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Statistic 18

"The average transaction price for a new car in the U.S. was $38,723 in December 2020."

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Statistic 19

"The Chinese market accounted for 32% of global vehicle sales in 2021."

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Statistic 20

"The Indian automotive industry is expected to reach $300 billion by 2026."

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