World Car Markets 2025. The Top 50 Countries
World Car Market Ranking by Country in 2025. China retains leadership with major share while Japan shows momentum and overtakes India. France falls 9% into 9th.
World Ranking by Country considers cumulative registrations from more than 150 countries worldwide. Global vehicles sales (cars + light vehicles) up to August 2025 have reached 57,38 million units, reporting a 3.3% growth compared to the prior year.
Looking at YTD data up to August 2025 country-wise, China remained the largest global market, gaining 6%. This huge market accounted for 29.2% of all global sales.
USA ranked 2nd gaining 4.1% in sales volume. The country held a 19.4% share of the global market.
Japan -up 1 spot- ranked 3rd with a 5.1% share (+6.3%) followed by India -down 1 spot- which secured a 5% share (-0.4%).
Ranking 5th, Germany was the largest European market, with a 3.3% share of the total (-1.7%), followed by Brazil -up 1 spot- in 6th (+2.8%).
UK -up 1 spot- followed in 7th (-6%), in front of Canada -up 1 spot- in 8th (+5.7%), France -down 1 spot- in 9th (-9%) and Italy closing the Top 10 (-0.7%)
20 Countries with Most Cars Per Capita in the World
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In this article, we will be taking a look at the 20 countries with most cars per capita in the world. To skip our detailed analysis, you can go directly to see the 5 countries with most cars per capita in the world.
While the automotive industry may be at a crossroads right now, its value is continuing to increase, an important factor for one of the biggest industries in the world, which was worth at least $2.7 trillion in 2021, according to Business Research Insights and expected to grow at a CAGR of 3.01% till 2031, with the forecast expecting the industry value to land at nearly $3.6 trillion in 2031.
In the last few years, even since global supply chain disruptions hit various industries, chip shortages have led to reduced supply of vehicles, resulting in major price increases for brand new vehicles, with another factor in higher prices being rising productions too. The trend of increasing price continued at the start of 2023, and in January 2023, car prices were at least 4.2% higher year on year. This has also resulted in used cars seeing much higher demand, which has raised prices there significantly too, as prices were around 30% higher than pre-pandemic levels, including in the countries with the most cars per capita in the world.
20 countries with the most cars per capita in the world
A dealership showroom full of new and used cars representing the company’s selection. Editorial photo for a financial news article. 8k. –ar 16:9
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. China has also established itself as the center of the biggest change in the automobile industry in history; the electric vehicle revolution. At the same time, Delhi is the city with the most number of vehicles, with registered vehicles exceeding 10 million!
With the impact of climate change being felt across the world, most governments, especially in developed economies have focused on transitioning to electric vehicles. The industry’s potential is limitless, and most of the biggest car manufacturers by revenue in 2023 have also started focusing on transitioning to the industry. According to the International Energy Agency, growth in electric cars sold has been exponential in 2022, and accounted for nearly 14% of the total number of cars sold, which might seem insignificant but was a significant improvement from 9% in 2021. China’s long-term vision and early adoption of EV trends has seen it become the leader and in 2022, accounted for 60% of all EV sales and is one of three major markets in this space. In fact, China is already responsible for over 50% of all electric vehicles currently on the road and has already surpassed its 2025 targets. These trends are expected to continue to improve in 2023 in other major markets too, with Europe seeing an even higher share of electric car sales than the global average, while the U.S., the third largest market and one of the countries with the most cars per capita in the world, saw electric cars account for 8% of total sales in 2022, still well below the global average but consistently improving.
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These 2 AI stocks stand out as supply chain winners, says KeyBanc
Vahid Karaahmetovic
September 30, 2025 2 min read
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Investing.com — KeyBanc analysts singled out Nvidia and Broadcom as the strongest names in their latest semiconductor supply chain checks, citing both companies’ rising capacity and major AI wins as reasons they remain best positioned in the sector.
For Nvidia, the broker pointed to stronger-than-expected demand and capacity expansion. The AI chipmaker has revised its advanced packaging (CoWoS) supply for 2025 to 530,000 interposers, representing more than 40% growth from this year.
Nvidia had asked for 600,000 units for 2026 but was allocated 530,000, as TSMC seeks to avoid overbooking.
With manufacturing yields improving, Nvidia is on track to ship about 30,000 AI racks in 2025 and at least 50,000 in 2026.
KeyBanc also cited higher performance specifications for its next-generation Rubin GPU, designed to maintain a clear lead over AMD’s upcoming MI400 platform. The new requirements include boosting memory transfer speeds to 10 Gbps, up from 8 Gbps, and lifting power needs to 2.5kW versus 1.8kW previously.
“We’re hearing that this is being motivated by NVDA’s desire to maintain a significant performance gap and product leadership vs. AMD even once Helios is released,” KeyBanc said in a Monday report.
Broadcom’s position looks equally strong. The company raised its 2026 CoWoS supply target to 190,000 units, over a 160% jump from the prior year.
KeyBanc said the company’s outlook is supported by several drivers, including delays to TPU7e chips that allow the company to retain full control of Google’s TPU franchise through 2026. TPU volumes are expected to more than double in 2026 as Google broadens the use of its TPU technology with external customers.
The firm also pointed to major new AI ASIC wins, including OpenAI with an estimated 400,000–500,000 units and Apple at about 100,000 units.
Reflecting this backdrop, KeyBanc boosted its price targets on both names, raising Nvidia to $250 from $230 and Broadcom to $420 from $400, while reiterating Overweight ratings.
Beyond the two supply chain leaders, the analysts flagged positive implications for Monolithic Power Systems, which has gained share in Nvidia’s Blackwell Ultra platforms, and Lattice Semiconductor, which should benefit from rising AI server rack shipments.
Supply checks for memory supplier Micron were also positive, with hyperscaler demand pointing to 50% DRAM growth in 2026.
Conversely, Intel faced continued manufacturing yield challenges, and ON Semiconductor was weighed down by weak auto demand.
