2020 Car Sales Fall 6% to 24% Worldwide

The chart below shows, the world’s largest automobile markets suffered significant sales declines in 2020, with the Chinese market furthest along on the road to recovery. According to the China Association of Automobile Manufacturers (CAAM), vehicle sales rose for the ninth consecutive month in December, limiting the overall decline for 2020 to -6 percent. Meanwhile light vehicle sales dropped 15 percent in the United States, while the EU suffered a 24-percent drop in new passenger car registrations in 2020.

Graphics provided by Statista.Com