Key Takeaways
- In 2023, white was the most popular car color globally, comprising 35% of new vehicle sales, followed by black at 19%
- Black cars represented 19% of global new car sales in 2023, second to white, per Axalta's annual report
- Grey/silver colors together made up 27% of worldwide new vehicle purchases in 2023 according to Axalta data
- White cars are 47% more likely to be involved in crashes during daytime but less at night, Monash University Accident Research Centre study of 855,000 crashes
- Black cars have 47% higher crash risk in dawn/dusk conditions compared to white, per Monash study on 855k policed crashes 1987-2004
- Silver cars show 10% higher crash involvement rate overall in Monash analysis of Australian crashes
- White cars retain 1.1% more resale value after 3 years than average, iSeeCars 2023 study of 1.5M cars
- Black cars depreciate 10.1% faster than white over 3 years, iSeeCars analysis
- Yellow cars best resale, retaining 3.2% more value after 3 years vs avg, iSeeCars data
- 72% of US buyers prefer white/silver/black, J.D. Power 2023 APEAL study
- 28% of millennials choose blue cars, J.D. Power demographic survey
- Women prefer silver by 35% over men, 2022 AutoPacific survey
- North America white 35% preference, global Axalta consumer insight 2023
- South America red 15% higher preference, Axalta regional data
- Asia-Pacific grey 28% dominant, Axalta 2023 report
White cars were the most popular globally in 2023, reflecting trends in safety and resale value.
Consumer Surveys and Preferences
Consumer Surveys and Preferences Interpretation
Regional and Demographic Variations
Regional and Demographic Variations Interpretation
Resale Value and Depreciation
Resale Value and Depreciation Interpretation
Safety and Accident Rates
Safety and Accident Rates Interpretation
Sales and Market Share
Sales and Market Share Interpretation
Sources & References
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