The United States is often criticized for its perceived nonchalance toward air pollution despite persistent statements to the contrary by the current presidential administration. The US remains the number one contributor globally to harmful chemicals in the air, with the fossil-fuel consuming transportation industry being a primary emission source. With more than 250 million vehicles on US roads, the US surpasses even China based on total vehicles in use despite China's much larger population...at least for now. China has already surpassed the US in annual new car sales.
Examining the data on a per capita basis reveals another side to the story. The US is ranked a surprising 36th globally in terms of passenger cars on the road per 1,000 people. Other Western countries with more passenger cars per capita than the US include the likes of New Zealand, Canada, Italy, Australia, Germany, and the UK, each with more than 500 passenger cars on the road per 1,000 people compared to 379 vehicles per 1,000 people in the US.
Behind the numbers are numerous pardaxoical trends that mirror the income levels and price sensitivity of consumers, tax incentives and industry promotions, and fuel costs and public transportation infrastructure conditions, among other factors. For example, while total passenger cars in use in the US declined steadily from 2008 - when the global financial crisis tightened consumer disretionary spending - through 2014, total commerical vehicles in use continued to increase, even during periods of rising fuel prices.
Vehicles in use: Vehicles in use are composed of all registered vehicles on the road. To calculate the motorization rate, population data published by the United Nations are used.
Passenger cars: Passenger cars are road motor vehicles, other than a motor cycle, intended for the carriage of passengers and designed to seat no more than nine persons (including the driver). The term “passenger cars” therefore covers taxis and hired passenger cars, provided that they have fewer than ten seats. This category may also include pick-ups or microcars (need no permit to be driven).
Commercial vehicles: Commercial vehicles include light commercial vehicles, heavy trucks, coaches and buses (except for some countries in which the buses or heavy trucks data are not available).
Over the last three years, car sales in the US market have set new all-time records and included a collection of manufacturers that extends well beyond the American classics. In 2015, vehicle sales in the US reached nearly 17.5 million units, a growth of 5.7 percent from 2014 and 25,000 more vehicles than the record setting sales in 2005. The year 2000 marked a turning point in the US auto industry: it was the last year that General Motors and Ford Motor Company combined made up at least 50 percent of the US market share. GM’s share of the US market has decreased almost 3 times since its peak of 50.7 percent in 1962, falling to 17 percent in...
Days to Turn is the average number of days vehicles were in dealer inventory before being sold during the months indicated. Source: www.edmunds.com
Steady improvement in the global macroeconomic conditions, rising world GDP, and subsequent rise in consumer demand have contributed positively to the global automotive industry in general and the passenger car market in particular. Global sales of passenger cars are projected to reach 79.7 million units by 2020. The article provides an overview of the major players in the global passenger car market, the geographical distribution of its sales and production, and the recent trends in global passenger car market.The global passenger car market, which is part of the automotive industry, offers small, medium, large, and premium segments. Car...