In January 2025, the world market of new cars showed an increase of 1.9% compared to the same period last year. The total number of cars sold reached 6 782 098 units. Despite the positive dynamics, different trends are observed in different regions.
Most cars were sold in China, where sales reached 1 963 464 units. However, compared to January 2024, it is 1.4% less. Economic fluctuations and changes in regulatory policy were the main factors that influenced the decline in sales. The Chinese market remains the largest in the world, but the slowdown in sales indicates possible structural changes in demand.
In the United States of America, the situation is the opposite. In January 2025, 1 108 924 cars were sold here, which is 4.5% more than in the same period last year. The main factor in growth was the improvement of economic indicators, as well as maintaining a high level of consumer demand for vehicles.
The European markets have a decline in sales. In January this year, 1 008 694 cars were sold in Europe, which is 3.2% less than 2024. This fall is explained by high inflation, changes in the state incentives for the purchase of electric vehicles and a stiffer credit policy.
The world car market is experiencing a transformation period. It is influenced by numerous factors, including the demand for electric vehicles, changes in regulation and the overall economic situation. China remains the largest market, but its growth slows. The United States demonstrate stable growth, while Europe is faced with some difficulty. Further market development will depend on macroeconomic factors and innovations in the field of automotive industry.