F&I Tools key points
China was the #1 car sales country in 2021, a rank it has held for over ten years. Total sales in China were up 7%, boosted by electric vehicle sales doubling since last year. Indonesia posted the greatest gains, up 67% in sales volume, climbing past 4 countries to rank #15 on the list. India is the country with the greatest growth potential, up 27% in 2021, and predicted to overtake Japan for the #3 spot by 2025. |
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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. |