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Number of cars sold worldwide between 2010 and 2021 (in million units)
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d worldwide between 2010 and 2021 (in million units)

Description
Worldwide car sales are e
Scotiabank; Ward's; Bloomberg automobiles in 2020. The
Scotiabank; Ward's; Bloomberg downward trend on the ba
2010 through October 2020 advent of the coronavirus
Worldwide
n.a. Covid-19 hits car demand
n.a. It had been estimated pre
n.a. were on track to reach 80
n.a. show an improvement from
were taken from a previous edition. The values include light truck sales in North economic woes continue,
America and, beginning in 2005, crossover utility vehicle sales in China. All figures refer forecast to be in the nega

Chinese market recovers

Scotiabank After years of double-digit
October 2020 steam. China was the larg
Global Auto Report, page 4 with around 21 million unit
200002 China were in free-fall in F
outbreak in the country an
result of successful contai
showing signs of recovery
manufacturers, including V
Description
Worldwide car sales are expected to fall to just under 62 million
automobiles in 2020. The sector is projected to experience a
downward trend on the back of a slowing global economy and the
advent of the coronavirus pandemic in all key economies.

Covid-19 hits car demand

It had been estimated pre-pandemic that international car sales
were on track to reach 80 million. Although the latest outlook figures
show an improvement from previous estimates, the industry's
economic woes continue, and demand for new motor vehicles is
forecast to be in the negative throughout 2020.

Chinese market recovers

After years of double-digit growth, China's economy began to lose
steam. China was the largest automobile market based on sales
with around 21 million units in 2019. However, monthly car sales in
China were in free-fall in February 2020 due to the coronavirus
outbreak in the country and fears over a looming recession. As a
result of successful containment measures, the market started
showing signs of recovery in April, providing a lifeline for major
manufacturers, including Volkswagen .
Worldwide car sales 2010-2021
Number of cars sold worldwide between 2010 and 2021 (in million units)

2010-2018*
2018
2019
2020**
2021**
69.7
78.9
74.9
61.9
68.1