The figures are estimates. The values have been rounded. Date of publication not specified. Figures prior to 2019 were taken from previous publications. In this data set, passenger cars are defined as road motor vehicles, except motorbikes, designed to provide room for no more than nine people (including the driver) that are intended for the carriage of passengers. The term includes taxis and rental cars, provided that they have fewer than ten seats. In some cases, this category may also include microcars or pickups.
Global passenger car sales reached **** million units in 2024, marking a *** percent increase from the previous year. In 2023, the sales volume recovered from the pandemic effect and amounted above the pre-pandemic number with million units. This rebound in the automotive market comes after several years of fluctuations, including a sharp decline in 2020 due to the COVID-19 pandemic. China maintained its position as the world's largest regional market for automobiles, with sales of nearly **** million units in 2024.
European market dynamics and electrification trends
In the European Union, Volkswagen emerged as the top-selling brand in 2024. The shift towards electrified vehicles gained momentum. This trend is driven by policies such as the EU's ban on new fossil-fuel car sales from 2035. Norway, despite experiencing a sluggish increase in overall passenger car sales, maintained its leadership in electric vehicle adoption.
Global industry leaders and market challenges
Toyota and Volkswagen continue to dominate the global automotive industry in terms of revenue and vehicle sales. The industry has faced significant challenges in recent years, including the global automotive chip shortage and raw material price increases. China has emerged as a key player, both as a major market and as a source of competition for established manufacturers. The trend towards electric and autonomous vehicles is reshaping the industry, with companies like Tesla delivering **** million vehicles in 2024, though still far behind traditional automakers like Volkswagen Group.Ìý
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OICA. (April 16, 2025). Worldwide passenger car sales from 2005 to 2024 (in million units) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/461054/car-sales-worldwide/
OICA. "Worldwide passenger car sales from 2005 to 2024 (in million units)." Chart. April 16, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/461054/car-sales-worldwide/
OICA. (2025). Worldwide passenger car sales from 2005 to 2024 (in million units). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/461054/car-sales-worldwide/
OICA. "Worldwide Passenger Car Sales from 2005 to 2024 (in Million Units)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 16 Apr 2025, /statistics/461054/car-sales-worldwide/
OICA, Worldwide passenger car sales from 2005 to 2024 (in million units) ÌÇÐÄÆƽâ°æ, /statistics/461054/car-sales-worldwide/ (last visited July 21, 2026)
Worldwide passenger car sales from 2005 to 2024 (in million units) [Graph], OICA, April 16, 2025. [Online]. Available: /statistics/461054/car-sales-worldwide/
