SALES OF NEW VEHICLES WORLDWIDE (ALL TYPES) - 2005 ONWARDS
The global auto industry expects to sell 60.5 million automobiles in 2020, a dramatic decrease of almost 20 percent year-on-year. The sector is projected to experience a downward trend on the back of a slowing global economy and the advent of a pandemic in all key economies. Previously, it had been estimated that international car sales were on track to reach 80 million in 2019; however, as economic woes continue, demand for new motor vehicles is expected to be in the negative throughout 2020. Source - OICA
About Motor vehicle
A motor vehicle, also known as a motorized vehicle, automotive vehicle, automobile, or road vehicle, is a self-propelled land vehicle, commonly wheeled, that does not operate on rails (such as trains or trams), does not fly (such as airplanes or helicopters), does not float on water (such as boats or ships), and is used for the transportation of people or cargo. The vehicle propulsion is provided by an engine or motor, usually a gasoline/diesel internal combustion engine or an electric traction ...
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