The US writer Ward’s estimates that as of 2019, there have been 1.4 billion motor autos in use on the planet. Get 24/7 access to in-depth, authoritative protection of the auto trade from a global group of reporters and editors masking the information that’s vital to your business. Sign up here to receive bi-weekly updates on information and trends dominating the automotive trade. Cox Automotive final monthlowered its full-yr forecastfor new-automobile sales within the U.S. to 14.four million models, down from 15.3 million. At current sales charges, new-car sales volumes in 2022 will finish beneath the pandemic 12 months of 2020, as stock has become the trade’s lengthy-haul downside.
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As of January 2011, the Australian motor vehicle fleet had sixteen.four million registered vehicles, with an ownership rate of 730 motor autos per 1000 folks, up from 696 vehicles per 1000 residents in 2006. The motorcar fleet grew … Read More