U.S. and global motor vehicle production | Statista (2024)

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U.S. and global motor vehicle production | Statista? ›

Motor vehicle production of the United States and worldwide 1999-2023. In 2023, almost 10.6 million motor vehicles were produced in the United States. Globally, there were around 93.5 million motor vehicles produced in the same year.

Therefore, the United States produced approximately 31.02% (146 billion / (146 billion + 327 billion)) of the world's cars in that year.

In 2020, there were 289 million vehicles in use in America, or about 18% of the global total.

China is the world's largest producer of vehicles, manufacturing more than 21.4 million cars and 4.6 million commercial vehicles in 2021 for a total production of just over 26 million vehicles.

While several automakers got their start making cars in America, you won't find any vehicles on the market that are 100% American-made. Today, manufacturers outsource their car production. So brands with American origins now make their cars in other countries, and foreign brands outsource some production in America.

When looking at average TDC by manufacturers for cars assembled in the US, one finds a high of GM and Ford at over 70 percent and FCA, Honda, Hyundai, Kia, Toyota, and Fiat Chrysler at 65-70 percent. BMW and Volvo reach a low at 35 and 30 percent, respectively.

But according to a Cars.com analysis, those imported vehicles still account for roughly 47% of all vehicles sold for 2023 — and if you're unfamiliar with the global automotive supply chain, it might catch you out to see certain names on such a list.

Ranking of motor vehicle manufacturers worldwide by global sales 2023. At around 11.2 million units, the Toyota Motor Corporation remained above its largest rival, the Volkswagen Group, as the world's largest manufacturer of motor vehicles. Both manufacturers sell motor vehicles under various brands.

Highest Car Ownership Rates Worldwide

Clinching top spot is New Zealand, a country known for its love of cars. With nearly nine cars on the road to every 10 people, this figure is notably high considering that children make up about 20% of the population.

91.7% of households had at least one vehicle in 2022. Only 8.3% of households did not have a vehicle.

Who is the number 1 car manufacturer in the world? ›

In terms of revenue, Volkswagen is considered the top automotive company in the world, with over $318 billion in revenue as of June 30, 2023. However, Toyota is the top car company in terms of vehicles sold, with 10.5 million units sold in 2022, and over 10 million projected sold in 2023.

The South is now a major player in U.S. automotive manufacturing. Cars.com says just over half of the 2023 AMI vehicles were assembled in the South, which now has automotive manufacturing and assembly operations to rival the Midwest and Detroit's mantle as Motor City.

Buick, Lincoln, Polestar, and Volvo all sell cars in the US that are made in China.

For example, a 2023 Toyota Tundra truck is more American made with 60% US/Canada parts content than a 2023 Ford F-150 at 30%. The top American made vehicle brand for the most USA made content and assembly is Tesla.

What Is The Top Selling Car? The top selling vehicle in the US is the Ford F-150 with 750,789 units sold in 2023. The best-selling cars (as in, a traditional sedan), is the Toyota Camry with 290,649 units sold in 2023.

Ranking of motor vehicle manufacturers worldwide by global sales 2023. At around 11.2 million units, the Toyota Motor Corporation remained above its largest rival, the Volkswagen Group, as the world's largest manufacturer of motor vehicles. Both manufacturers sell motor vehicles under various brands.

By the 1920s they were producing 98 percent of the world's cars. Between 1920 and 1929 alone, the production of motor vehicles soared from 2.2 million to 5.3 million. In the 1970s, the automobile industry was the world's largest manufacturing concern.

China is easily the largest car producer in the world by a country mile, though you'll have to read on to find out if it even ranks in terms of countries with the most cars per capita in the world.