Thursday, 29 February 2024
Largest New Car Markets in the World in 2022

Largest New Car Markets in the World in 2022

Largest New Car Markets in the World in 2022

Largest New Car Markets in the World in 2022. Here today list will be given for the largest new car markets of the world in 2022.

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One of the notable changes has been observed in the 2022 index results. India’s third position has been observed in the list as the largest market of new cars in the World in 2022. However, it is obvious that this market has stopped growing in recent years, while India has shown significant results.

This time there are big surprises in the ranking of global vehicle market sales by country in 2022. Other changes observed as follows:

  • Brazil stands at no 6 and ahead of the UK and France
  • Once again, the Italian auto market remained outside the top ten
  • Most Southeast Asian markets recorded sharp increases over the year. For example, Indonesia, Thailand, Malaysia, and Vietnam
  • As expected Russia stands at 59 percent less volume compared to 2021
  • China is largest automobile market worldwide both in terms of demand and supply
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Which is the World Largest Auto Market?

Let us check the top 10 largest auto markets in the world. The list also shared by the “World Index” on its tweeter account:

  1. China: 26,864,000
  2. US: 13,828,337
  3. India: 4,367,964
  4. Japan: 4,167,590
  5. Germany: 2,874,828
  6. Brazil: 1,953,557
  7. UK: 1,896,259
  8. France: 1,874,805
  9. South Korea: 1,652,305
  10. Canada: 1,551,409
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