How Many Cars? Data in Millions
How many cars are sold in the world each year? 80m
China: 20m
European Union: 13m
US: 17m
How many cars are in use on the road in China? 85m
EU: 285m
US: 250m
How many cars will be in use on the road next year in the USA? 250m
Why? Because old car scrappage rates are on par with new car sales in the US.
Are scrappage rates on par with new car sales globally? No. 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 global regions / countries sell the most vehicles? China, United States of America, European Union
What country has the most new car sales per year? China
Total cars on the streets of the world in 2018: 1 billion plus
China: 20m
European Union: 13m
US: 17m
How many cars are in use on the road in China? 85m
EU: 285m
US: 250m
How many cars will be in use on the road next year in the USA? 250m
Why? Because old car scrappage rates are on par with new car sales in the US.
Are scrappage rates on par with new car sales globally? No. 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 global regions / countries sell the most vehicles? China, United States of America, European Union
What country has the most new car sales per year? China
Total cars on the streets of the world in 2018: 1 billion plus