Summary

Global New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global new cars market recorded revenues of $2,419.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.1% between 2018 and 2023.
- Market con...

Summary

Global New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global new cars market recorded revenues of $2,419.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.1% between 2018 and 2023.
- Market con...

Summary

The G8 New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The G8 countries contributed $1,132.6 billion in 2023 to the global new cars industry, with a compound annual growth rate (CAGR) of -3.2% between 2019 and 2023. The G8 countries are expected to reach a value of $1,437.7 billion in 2028, with a CAGR of 4.9% over the 2023-28 period.
- Among the G8 nations, the US is the leading country in the new cars industry, with market revenues of $637.0 billion in 2023. This was followed by Japan and Germany, with a value of $128.3 and $118.8 billion, respectively.
- The US is expected to lead the new cars industry in the G8 nations with a value of $816.5 billion in 2016, followed by Japan and Germany with expected values of $159.0 and $147.8 billion, respectiv...

Summary

The Emerging 5 New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- These countries contributed $896.5 billion to the global new cars industry in 2023, with a compound annual growth rate (CAGR) of 1.1% between 2007 and 2011. The top 5 emerging countries are expected to reach a value of $1,187.1 billion in 2028, with a CAGR of 5.8% over the 2023-28 period.
- Within the new cars industry, China is the leading country among the top 5 emerging nations, with market revenues of $749.0 billion in 2023. This was followed by India and Brazil with a value of $65.7 and $55.8 billion, respectively.
- China is expected to lead the new cars industry in the top five emerging nations, with a value of $994.5 billion in 2028, followed by India and Brazil with expected value...

Summary

The BRIC New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the new cars industry and had a total market value of $890.6 billion in 2023. India was the fastest growing country with a CAGR of 9.2% over the 2019-23 period.
- Within the new cars industry, China is the leading country among the BRIC nations with market revenues of $749.0 billion in 2023. This was followed by India, Brazil and Russia with a value of $65.7, $55.8, and $20.0 billion, respectively.
- China is expected to lead the new cars industry in the BRIC nations with a value of $994.5 billion in 2028, followed by India, Brazil, Russia with expected values of $84.7, $75.9 and $25.2 billion, ...

Summary

The NAFTA New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The new cars industry within the NAFTA countries had a total market value of $723.2 billion in 2023.The Mexico was the fastest growing country, with a CAGR of 0% over the 2019-23 period.
- Within the new cars industry, the US is the leading country among the NAFTA bloc, with market revenues of $637.0 billion in 2023. This was followed by Canada and Mexico, with a value of $68.6 and $17.6 billion, respectively.
- The US is expected to lead the new cars industry in the NAFTA bloc, with a value of $816.5 billion in 2028, followed by Canada and Mexico with expected...

Summary

New Cars in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The UK new cars market recorded revenues of $65.5 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.9% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 3.0% between 2018 and 2023, to reach a total of 1.9 million units in 2023.
- The UK captured a share of 14.1% of the European ...

Summary

New Cars in Israel industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Israeli new cars market recorded revenues of $8.7 billion in 2023, representing a compound annual growth rate (CAGR) of 4.3% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 4.2% between 2018 and 2023, to reach a total of 265.4 thousand units in 2023.
- According to GlobalData, in 2023, the volume of new cars sold in Israel experienced a sluggish an...

Summary

New Cars in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Saudi Arabian new cars market recorded revenues of $13.7 billion in 2023, representing a compound annual growth rate (CAGR) of 11.4% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 11.3% between 2018 and 2023, to reach a total of 643.2 thousand units in 2023.
- The Saudi Arabian new cars market in 2023 was driven by t...

Summary

New Cars in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Turkish new cars market recorded revenues of $31.8 billion in 2023, representing a compound annual growth rate (CAGR) of 18.2% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 20.8% between 2018 and 2023, to reach a total of 1 million units in 2023.
- Turkey captured a 6.8% share of the European new cars market in Europe. $350.00 ]]> Tue, 18 Feb 2025 18:56:36 +0000 https://www.leadingmarketresearch.com/new-cars-in-united-arab-emirates

Summary

New Cars in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Emirati new cars market recorded revenues of $11.8 billion in 2023, representing a compound annual growth rate (CAGR) of 6.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 6.5% between 2018 and 2023, to reach a total of 244.5 thousand units in 2023.
- According to GlobalData, in 2023, the volume of new cars sold in the UAE experienc...

Summary

Global New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The global new cars market recorded revenues of $2,419.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.1% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 0.3% between 2018 and 2023, to reach a total of 68.9 million units in 2023.
- Asia-Pacific dominated the global new cars market, capturing the ...

Summary

New Cars in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Asia-Pacific new cars market recorded revenues of $1,108.6 billion in 2023, representing a compound annual growth rate (CAGR) of 2.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 3.0% between 2018 and 2023 to reach a total of 36,475.7 thousand units in 2023.
- According to GlobalData, in 2023, the revenue of the Asia-Pacific new cars marke...

Summary

New Cars in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The European new cars market recorded revenues of $465.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.5% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 3.8% between 2018 and 2023 to reach a total of 13,671.1 thousand units in 2023.
- According to GlobalData, in 2023, the revenue of ...

Summary

New Cars in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The South American new cars market recorded revenues of $74.4 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.8% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 3.8% between 2018 and 2023, to reach a total of 2.5 million units in 2023.
- The South American new cars market in 2023 was driven by economic r...

Summary

New Cars in Middle East industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Middle Eastern new cars market recorded revenues of $39.1 billion in 2023, representing a compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 6.1% between 2018 and 2023, to reach a total of 1.2 million units in 2023.
- According to GlobalData, in 2023, the revenue of the Middle Ea...

Summary

New Cars in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The New Zealand new cars market recorded revenues of $5.4 billion in 2023, representing a compound annual growth rate (CAGR) of 6.1% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 6.0% between 2018 and 2023 to reach a total of 110.6 thousand units in 2023.
- The contraction of the New Zealand new cars market value in 2023 was largely due to high ...

Summary

New Cars in the Czech Republic industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Czech new cars market recorded revenues of $6.4 billion in 2023, representing a negative compound annual growth rate (CAGR) of 1.1% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 1.2% between 2018 and 2023, to reach a total of 210.2 thousand units in 2023.
- According to GlobalData, in 2023, the revenue of the Czech new cars m...

Summary

New Cars in Poland industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Polish new cars market recorded revenues of $15.2 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.0% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 2.1% between 2018 and 2023, to reach a total of 0.46 million units in 2023.
- Poland captured a 3.3% share of the European new cars market in 2023.

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