The source specified an upper and a lower estimate; the values are averages of these ranges. The figures are projections referring to new vehicle sales. Forecast as of March 2022
Citation formats
Growth forecast for the international auto sales by market 2020-2023
Light vehicle sales in the United States are anticipated to slowly grow in 2022, despite the impact of the Russian invasion of Ukraine on automakers. U.S. light vehicle sales are projected to reach some **** million units in 2022, while it is expected that the auto industry in Europe will sell about **** million units that same year. Chinese light vehicle sales are projected to rise to just under **** million units in 2022.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
S&P Global Ratings. (March 22, 2022). Projected light vehicle sales growth worldwide between 2020 and 2023, by major market [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/200007/outlook-on-international-car-sales-by-region/
S&P Global Ratings. "Projected light vehicle sales growth worldwide between 2020 and 2023, by major market." Chart. March 22, 2022. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/200007/outlook-on-international-car-sales-by-region/
S&P Global Ratings. (2022). Projected light vehicle sales growth worldwide between 2020 and 2023, by major market. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/200007/outlook-on-international-car-sales-by-region/
S&P Global Ratings. "Projected Light Vehicle Sales Growth Worldwide between 2020 and 2023, by Major Market." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 22 Mar 2022, /statistics/200007/outlook-on-international-car-sales-by-region/
S&P Global Ratings, Projected light vehicle sales growth worldwide between 2020 and 2023, by major market ÌÇÐÄÆÆ½â°æ, /statistics/200007/outlook-on-international-car-sales-by-region/ (last visited August 01, 2026)
Projected light vehicle sales growth worldwide between 2020 and 2023, by major market [Graph], S&P Global Ratings, March 22, 2022. [Online]. Available: /statistics/200007/outlook-on-international-car-sales-by-region/