The global car sales rankings for the first three quarters have been released, with China far ahead and India surpassing Japan.

China Leads Global Car Sales Rankings, India Overtakes Japan in First Three Quarters

【PhoneAuto News】With the increasing momentum of new energy vehicles, the global automotive market is quietly undergoing changes. So, in terms of sales, what is the current ranking of countries around the world? It is understood that recently, an organization has compiled global car sales data for the first three quarters (January to September), along with data on the penetration rate of new energy vehicles. It should be pointed out that China, being far ahead in car sales, is not reflected in the list. Looking at other countries, the United States, India, and Japan have higher car sales.

Specifically, from January to September 2023, car sales in the United States reached 9.2932 million units, with a higher penetration rate of new energy vehicles compared to India and Japan, reaching 11.41%; car sales in India have surpassed Japan, but the penetration rate of new energy vehicles is only 0.45%; car sales in Japan are not much different from India, and although the penetration rate of new energy vehicles is higher than India, it is still relatively low; moving forward, it is dominated by traditional automobile industrial powers – Germany, the United Kingdom, and France. The penetration rate of new energy vehicles in these three countries is relatively high, all exceeding 20%. As for other countries, car sales in Brazil, Italy, and South Korea have all exceeded one million units, with Brazil having a relatively low penetration rate of new energy vehicles, indicating that there is still a lot of room for development.

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Global car sales situation (source: Wilson)

So, what is the situation in the thriving Chinese automotive market? According to data released by the China Association of Automobile Manufacturers, from January to September of this year, China’s car production and sales reached 21.075 million units and 21.069 million units, respectively, with year-on-year increases of 7.3% and 8.2% respectively. Among them, the production and sales of new energy vehicles reached 6.313 million units and 6.278 million units, respectively, with year-on-year increases of 33.7% and 37.5% respectively. In terms of new energy vehicle penetration rate, China has reached approximately 29.8%, leading the way.

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