China And US Remain The Largest Car Markets In 2021, India In 4th Place


Gross sales knowledge finds that China and the USA stay the sector’s biggest auto markets, whilst India stood in fourth position with regards to volumes on the finish of 2021.

Indian auto sales stood over 3.5 million units in 2021, growing by 26% over 2020

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Indian auto gross sales stood over 3.5 million devices in 2021, rising through 26% over 2020

The car sector globally has been running underneath immense power and difficult prerequisites. With a uncooked subject matter scarcity, semiconductor problems, and unstable retail prerequisites, the car trade took a large hit all through the pandemic. Nonetheless, the hot gross sales knowledge from world markets finds that over 82.1 million automobiles together with passenger automobiles, vehicles and light-weight industrial automobiles had been bought the world over in 2021, witnessing a hike of 5 consistent with cent year-on-year. The knowledge additionally printed that China and the USA remained the sector’s biggest auto markets, whilst India stood in fourth position with regards to volumes.

Additionally Learn: EU Automotive Gross sales To Upward thrust 7.9% In 2022 As Chip Provide Stabilises: Document

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China stays unbeatable as the sector’s biggest automobile marketplace with 11% of its volumes coming from EVs

Beginning with China, the marketplace remained the least suffering from manufacturing problems in 2021, as gross sales stood at 26.3 million devices in 2021, up through 4 consistent with cent from 2020 and six consistent with cent from 2019. In the meantime, the USA bought 15 million devices remaining 12 months, with gross sales up through 4 consistent with cent over 2020. On the other hand, gross sales had been down when in comparison to pre-pandemic ranges when gross sales stood at 17 million devices in 2019. Between China and the USA, the previous noticed an 11 consistent with cent contribution of electrical automobiles in general gross sales, whilst EVs accounted for roughly 3 consistent with cent of the marketplace within the latter. In Europe, EVs give a contribution about 10 consistent with cent to the overall gross sales quantity.

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India is the third-largest marketplace within the Asia Pacific area after China and Japan. India additionally noticed the perfect year-on-year enlargement when in comparison to different nations

With appreciate to the Indian marketplace, auto gross sales stood over 3.5 million devices in 2021, rising through a wholesome 26 consistent with cent year-on-year when in comparison to 2020. Gross sales had been additionally up through 1 consistent with cent when in comparison to 2019. With appreciate to gross sales, India noticed the perfect year-on-year enlargement by contrast with different best 5 markets globally. In the meantime, Japan was once the third-largest marketplace through quantity with 4.3 million automobiles bought in 2021, a decline of three consistent with cent over 2020 and 14 consistent with cent over 2019.

Additionally Learn: Eu New Automotive Gross sales Down 1.5% In 2021: Document

The sector’s fifth-largest automobile marketplace, Germany, noticed gross sales stand at 2.8 million devices, witnessing a decline of 9 consistent with cent over 2020 and 26 consistent with cent in 2019. The opposite nations that made it to the highest 10 auto markets integrated France in 6th position, adopted through the United Kingdom, Brazil, Korea and Canada. Whilst Korea moved as much as 9th position, Italy dropped to twelfth in 2021. In Africa and the Heart East area, Saudi Arabia was once the largest marketplace with over 528,000 devices bought remaining 12 months, adopted through South Africa which bought 437,000 devices.

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Supply: Motor1.com

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