At about 21.47 million units, China remained the largest market for passenger car sales in 2024. According to the source, passenger cars are motor vehicles with at least four wheels, used for the transport of passengers, and comprising no more than eight seats in addition to the driver's seat. Hence, the figures do not include light trucks.Â
Pandemic causes sales slump across all markets
Worldwide, passenger car sales have been slowly increasing. Car sales started falling dramatically during the 2008-2009 economic crisis and re-entered a sales slump at the end of 2018. Sales slumped in 2020 due to the outbreak of Covid-19 and related measures to curb the spread of the coronavirus. However, despite the impact of the semiconductor chip shortage on vehicle production, global car sales have slowly increased in 2021 and 2022. Since 2023, the number has amounted above pre-pandemic levels, and it is expected to incline more in 2025.
Spotlight on the largest markets
In Europe, about 75 percent of new passenger car registrations occur in the largest markets, which include Germany, France, the United Kingdom, Italy, and Spain. Despite a slowdown in demand in 2020, China has seen the largest increases in passenger vehicle sales between 2005 and 2020, growing from 3.97 million units to some 20 million units. During this time period, leading original equipment manufacturers (OEMs) like General Motors or Volkswagen enjoyed rising sales trends not just in China, but across all Asian markets.
China, Japan, Germany, India, and the United States are ranked among the world’s largest car markets. These countries are home to many of the major motor vehicle manufacturers, including the world’s largest automakers in 2024.
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OICA (Organisation Internationale des Constructeurs d'Automobiles). (April 16, 2025). Sales of passenger cars in selected countries worldwide from 2005 to 2024 (in million units) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 27, 2026, from /statistics/257660/passenger-car-sales-in-selected-countries/
OICA (Organisation Internationale des Constructeurs d'Automobiles). "Sales of passenger cars in selected countries worldwide from 2005 to 2024 (in million units)." Chart. April 16, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 27, 2026. /statistics/257660/passenger-car-sales-in-selected-countries/
OICA (Organisation Internationale des Constructeurs d'Automobiles). (2025). Sales of passenger cars in selected countries worldwide from 2005 to 2024 (in million units). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 27, 2026. /statistics/257660/passenger-car-sales-in-selected-countries/
OICA (Organisation Internationale des Constructeurs d'Automobiles). "Sales of Passenger Cars in Selected Countries Worldwide from 2005 to 2024 (in Million Units)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 16 Apr 2025, /statistics/257660/passenger-car-sales-in-selected-countries/
OICA (Organisation Internationale des Constructeurs d'Automobiles), Sales of passenger cars in selected countries worldwide from 2005 to 2024 (in million units) ÌÇÐÄÆÆ½â°æ, /statistics/257660/passenger-car-sales-in-selected-countries/ (last visited July 27, 2026)
Sales of passenger cars in selected countries worldwide from 2005 to 2024 (in million units) [Graph], OICA (Organisation Internationale des Constructeurs d'Automobiles), April 16, 2025. [Online]. Available: /statistics/257660/passenger-car-sales-in-selected-countries/