How many cars exist in the world?
How many new cars are sold each year?
80 million total:
How many cars are on the road in China?
How many cars will be on the road next year in the US?
How is it the same as last year?
Because old car scrap rates are on par with new car sales in the US.
Are scrap rates on par with new car sales globally?
About 80 million vehicles are sold each year globally and about 40 million are scrapped.
Therefore vehicles in use on the streets of the world are increasing globally by about 40 million per year.
What countries sell the most vehicles?
China, United States of America, and the European Union.
Who has the most sales per year?