F&I Tools key points
China was the #1 car sales country in 2022. China auto sales increased 10% year-over-year to over 23 million vehicles, and outpaced 2nd place USA by nearly 10 million units. Malaysia and Vietnam posted tremendous gains, up 42% and 33%, to make the top 25 list of the largest car sales by country. |
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Discrepancy in Numbers
Pinpointing sold vehicles per country per year is not as simple as it may sound. We end up with ballpark numbers due to many factors:
The goal is to count new vehicle registrations for automobiles purchased for personal use, but many other types of sales may end up in one set of data but not another. |