As of the end of 2022, India has become the third largest automotive market in the world. Nikkei. According to preliminary estimates, India managed to overtake Japan in terms of sales and for the first time in its history entered the top three largest automotive markets in the world.
Bit data Association of Indian Automobile Manufacturers, between January and November 2022, 4.13 million vehicles were sold in India. Today, Maruti Suzuki, the country’s largest automaker, announced that it sold around 120,000 vehicles in December. Thus, the volume of car sales in India at the end of the year, even without taking into account the performance of other manufacturers in December, has already exceeded Japan’s annual figure – 4.2 million cars.
China remains the largest automotive market in the world. From January to November, 24.3 million vehicles were sold there. Data for all of 2022 will be released next week. In second place in terms of sales is the United States, where 13.7 million cars were sold at the end of the year, the worst figure since 2011.
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