Canalys estimates that global sales of passenger cars peaked in 2017, and fell in 2018 and 2019. Before the pandemic, Canalys had already forecast another sales decline in 2020, and further declines over the next decade.
COVID-19-related lockdowns and travel restrictions affected the automotive industry terribly in the first half of 2020, and again in parts of the world at the end of 2020. Car sales fell by 14% in 2020, coming in at 66.5 million vehicles, the lowest number of annual sales for nearly a decade.
While sales of all passenger cars sank, 2020 was a landmark year for electric vehicles. 3.1 million were sold, up 39% on 2019. The share of EVs sold in the total passenger car market grew to 4.5%. The report offers regional and country level data and forecasts.
Unlimited user access (within your organization)
Data and analysis updated throughout 2021
Customized delivery of all data in Excel, as required
25% discount on your next Canalys report purchase
Integrated, instant translation into 10 major languages
Free mid-year updates to data and forecasts
Free post-sale service assistance
Direct access to lead analysts for 30min consultation
By buying this digital report you get: