Global Automotive Outlook worth 85.1 million units in 2025

Global Automotive Market Outlook
Light vehicle sales worldwide are expected to increase by 1.3% year over year from 2024 to 2025, from 84.0 million units in 2024 to 85.1 million units in 2025. A number of factors, including the adoption of electric vehicles, particularly hybrids, the development and production of long-range batteries, the introduction of autonomous vehicles and the steps OEMs are taking to commercialize them,...

Global Automotive Outlook, Size, Share, Trends, Growth & Forecast 2025

Global Automotive Market 2025
The Global light vehicle sales were 84.0 million units in 2024 and are projected to 85.1 million units in 2025, witnessing a YoY growth of 1.3% from 2024 to 2025. The growth of light vehicle sales is influenced by various factors, such as the adoption of electric vehicles, especially hybrid vehicles, the development and manufacturing of long-range batteries, the introduction of autonomous vehicles...