Tuesday, July 15, 2025

Worldโ€™s Largest Top 10 Car Markets Of 2022 โ€“ India At 3rd Position

Listed below are 2022โ€™s largest car markets in the world. Approximately 81.5 billion units are estimated to have been sold in the year 2022, including the missing markets. Reports state that global sales volume fell by 2 percent to 78.49 billion units (PV & LCV) after gathering preliminary data from 78 countries.

RankCountryVolume in UnitsYoY Growth
1China2.68.64,000+2%
2US1,38,28,337-8%
3India43,67,964+24%
4Japan41,67,590-5%
5Germany28,74,8280%
6Brazil19,53,557-1%
7UK18,96,259-5%
8France18,74,805-10%
9Korea16,52,305-2%
10Canada15,51,409-7%
Worldโ€™s Largest Top 10 Car Markets โ€“ 2022

Also Read: Real Driving Emission (RDE) Norms Explained

  • China and the US retained their positions as the first and second largest car markets in the top 10 list.
  • Replacing Japan from its usual position, India held the third position for the first time ever. The strong boost in demand contributed to the 24 per cent growth when compared to the last year.
  •  Save for China, India and Germany, all the other markets have shown negative growth in demand in 2022. India recorded the highest gain, followed by China. Germany remains neutral.
  • Russia (59% decline), Singapore (32% decline), Egypt (27% decline), Austria (20% decline), and Denmark (19% decline) witnessed the highest decline in 2022.
  • Southeast Asian markets like Indonesia, Thailand, Malaysia, And Vietnam Shine recorded sharp increases over the year. Indonesia overtook Spain to become the 14th largest market. There has been significant growth in this market due to the arrival of locally produced BEVs (Battery Electric Vehicles), such as the Wuling Air EV.

Source

Car News

VinFast VF6 and VF7 Bookings Now Underway In India

0
VinFast showcased its range of global products at the 2025 Auto Expo, and two of them, the VF6 and VF7, are set to foray...
Maruti eVitara variants

Maruti eVitara Range and Charging Time Revealed

0
While the Maruti e-Vitara's India debut is still awaited, the brand has now revealed its range figures and charging time in the United Kingdom....

Kia Carens Clavis EV Launched At Rs 17.99 Lakh; Booking Starting From July 22

0
The Kia Carens Clavis EV has finally been launched in India, with prices ranging between Rs 17.99 lakh and Rs 24.49 lakh (introductory, ex-showroom),...

2025 Renault Triber Facelift To Be Launched On This Date

0
Renault India is all set to launch the highly anticipated facelift version of the Triber on July 23, 2025. This will be the first...

Related Articles

VinFast VF6 and VF7 Bookings Now Underway In India

VinFast showcased its range of global products at the 2025 Auto Expo, and two of them, the VF6 and VF7, are set to foray...

Tesla Model Y Launched In India At Rs 59.89 Lakh; Bookings Now Open

The wait for EV enthusiasts is finally over, as Tesla has officially made its India debut with the Model Y, priced from Rs 59.89...

Kia Carens Clavis EV Launched At Rs 17.99 Lakh; Booking Starting From July 22

The Kia Carens Clavis EV has finally been launched in India, with prices ranging between Rs 17.99 lakh and Rs 24.49 lakh (introductory, ex-showroom),...

Maruti eVitara Range and Charging Time Revealed

While the Maruti e-Vitara's India debut is still awaited, the brand has now revealed its range figures and charging time in the United Kingdom....

Hyundai Aura S Now Available With AMT; Slashes Entry Price By Rs 87,000

Hyundai India has expanded the variant lineup of the Aura sub-4m sedan by introducing the S AMT variant at Rs 8.08 lakh (ex-showroom). Earlier,...