How Many Motor Vehicles Are Registered In California

How many cars are there in the Us?

In 2020, there were 286.ix million cars in the US. While machine sales for the past few years aren't a simple upward line, other factors such as increasing car age and the need for personal mobility means amid the pandemic are making sure that the number of United states of america cars is more than or less progressively increasing.

According to the Hedges Visitor, in that location were 286.9 million registered cars in the US in 2020. That's 0.84% more than than 2019's 284.5 1000000 units. The same report also suggests that by the end of 2021, 289.five million vehicles would exist roaming the roads of America (Hedges Visitor).

The US automotive industry has experienced its fair share of ups and downs. This is due to factors such as the oil and energy crisis, improvement of fuel economic system, fluctuation of gas prices, innovative upgrades, and the COVID-19 pandemic. Some factors have a larger impact than others. For instance, the Cash for Clunkers (Investopedia, 2020) was deemed as ane of the biggest causes of the big sales gap betwixt 2009 and 2010.

The commodity provides a peek into the country of the automotive industry in the The states through sales, distribution, and market shares.

Distribution of Cars
Auto Sales in the U.s.
Car Sales Progression Rate
Market Shares of US Automotive
Market Shares of Major Automotive Companies Worldwide
Number of Electric and Hybrid Cars on the Road
Trends that Affect the Automotive Sector

Distribution of Cars

California

Texas

Florida

New York

Ohio

Pennsylvania

Illinois

Georgia

Due north Carolina

Michigan

Source: Highway Statistics

A survey by US Dept. of Transportation and Federal Highway Administration released in 2020 revealed that California is past far the state with the most number of registered vehicles in the US (United states Department of Transportation, 2020). Coming from the most populous US federal state, this number isn't surprising. Interestingly, but 598,270 of 31,247,270 California-based vehicles are publicly owned. That leaves 98.09% of these automobiles being either used for private or commercial purposes.

On the other hand, Vermont is on the lowest end of the spectrum when it comes to car population; with a mere 620,428 registered vehicles. However, as with California, Alaska has the same distribution rate of 2% to 98% of publicly owned automobiles to privately/commercially owned ones, respectively (Federal Highway Administration, 2020).

Source: Highway Statistics

Motorcar Sales in the The states

Source: GoodCarBadCar.net

For the past 42 years, Ford F-Series has been the best-selling vehicle in the US. However, in 2019, it was kicked out of the tiptop ranks and surpassed by Toyota Rav4. It's besides been a skillful year for Honda CR-V. In general, 2019 proved to be a good year for Japanese car brands.

Light-duty vehicles are known for their improved fuel economy also as swell range of utility. This makes them the become-to automobile for savvy consumers. In fact, the chart prior shows how popular this type of vehicle is, with Toyota RAV4, Honda CR-5, and Nissan Rogue dominating market sales in the Us ( GoodCarBadCar.net , 2020).

Source: GoodCarBadCar.net

2020 was also fruitful for SUVs, both for The states-based and Japanese carmakers. Sales for the Toyota RAV4 and Honda CR-V, for example, increased in 2020 compared to 2019—despite the fiscal challenges brought upon by the COVID-19 pandemic.

Car Sales Progression Rate

The automotive sector won't be because 2020 equally its best year so far as major players in the manufacture have experienced negative YoY growth. Take passenger car sales, for instance, which had only sold 166,400 units in April 2020, the slowest month for all vehicle types (St. Louis Fed, 2021).

Having fewer selling days due to the COVID-19 lockdowns is definitely a factor contributing to the downturn. Economic and financial elements, influenced by the pandemic or otherwise, as well play a role in the decline.

Some experts suggest that finance-wise, shoppers are finding it difficult to keep up with the increasing costs and involvement rates of vehicles. With that said, still, the fact that sales slowly picked upwardly correct after the biggest April 2020 slump is showing promise. Although Jan 2021 numbers are significantly lower than Dec 2020, we might still see them soar the rest of the year (St. Louis Fed, 2021).

Market place Shares of U.s.a. Automotive

In 2016, 17.five one thousand thousand automobiles were sold in the United states. About 65% of them were produced in the U.s.a. ( American Auto Index , 2018). This made the automotive industry one of the major driving forces in the US economic system. In 2020, as per usual, the Detroit Big Three automakers, namely General Motors, Ford, and Chrysler are still in the overall ranking of leading machine manufacturers in the US. Notwithstanding, Japanese names, including Toyota and Honda are as well proving to be a strength to reckon with.

Source: GoodCarBadCar.net

Equally previously mentioned, light-vehicles are the most pop type of car among the U.s. consumers. While Ford F-Series is the best-selling car in the US for decades now, in 2019, pickup trucks in general are only second in terms of market place share. Crossover types such as Toyota RAV4 have dominated the field for the said year.

Market Shares of Major Automotive Companies Worldwide

The United States, next to China, is the world'due south second largest auto market in terms of new light vehicle registrations. It has around 17.55 million light vehicles registered. The biggest histrion in the U.s. automotive industry, General Motors, was able to cyberspace over $108.32 billion in 2020. Almost 10% of that acquirement came from the international market place while the major cutting came from Northward America.

With that said, however, General Motors isn't the get-to automaker of US consumers when it comes to imported cars. In 2020, Toyota was able to sell 2,112,940 units of lite vehicles in the United states of america. Following information technology was Honda Motor Company at one,336,787 units and the Hyundai Kia Auto Grouping at 1,222,314 (GoodCarBadCar, 2021).

General Motors

2,537,590

Toyota Motor Co

2,112,940

Ford Motor Visitor

2,034,600

FCA

one,820,443

Honda Motor Company

1,336,787

Hyundai Kia Auto Grouping

1,222,314

Nissan Motor Co

ane,004,651

Subaru Corporation

611,938

Volkswagen Grouping

567,545

Daimler

324,708

BMW Group

308,344

Tesla

292,902

Mazda

279,076

Source: GoodCarBadCar, 2021

Designed past

Number of Electric and Hybrid Cars on the Road

As of 2020, there are over a million EVs (Electric Vehicles) on the U.s. road (Argonne National Laboratory, 2021). In 2019 alone, the sales of electric cars surpassed the 2.1 million mark globally (IEA, 2020). Information technology seems the transition to this type of futuristic vehicle has no signs of stopping. In fact, Edison Electric Institute projected that EV stock will attain eighteen.7 million past 2030 ( Edison Electrical Found , 2018).

Automakers have been developing more EV models to satisfy consumer demands. The most prominent ones include BEV (Battery Electric Vehicle) and PHEV (Plug-in Hybrid Electric Vehicle). In that location have been a few dozen models and brands circulating the market place. However, when it comes to EV sales in the U.s., Tesla is all the same the near popular, making up 78% of the entire market share.

Tesla Model 3

154,836 units

Tesla Model X

18,500 units

Chevy Commodities

sixteen,418 units

Tesla Model South

13,300 units

Nissan Foliage

12,365 units

Audi east-tron

5,369 units

Volkswagen e-Golf

4,863 units

BMW i3

4,854 units

Others

xiv,208 units

Sources: Automakers, CleanTechnica, EV Volumes

With the expected smash of the Electrical Vehicles market, various measures need to exist set upwards. For example, in club to support the 18.7 one thousand thousand EV approximate in 2030, automakers must install most nine.6 one thousand thousand charge ports at workplaces, homes, and public places. This is a major investment in terms of EV charging infrastructure.

Trends that Bear on the Automotive Sector

The available technology at mitt is a large cistron in the automotive manufacture'south advancement. It may affect the vehicle design, manufacturing, distribution, and other innovation of the automobile sector. This means that in order to monitor and forecast the changes in the industry, one must proceed up with the technology trends that emerge.

This is especially true to modernistic approaches when it comes to vehicle design. For instance, the broad proliferation of Cyberspace of Things (IoT) continued devices will aid in the development of democratic vehicles. Moreover, with 28.5 million cars embedded with telematics sold in 2019 ( BNEF , 2020), the global connected car market is expected to achieve $166 billion by 2025 ( Markets and Markets , 2020)—this growth will somewhen exist fueled by technological advancements in manufacturing.

Robot adoption of a more than advanced caste has the potential to heavily streamline the manufacturing process besides. Not only that, but artificial intelligence has been making life easier for both consumers and manufacturers alike. With capabilities such equally commuter aid, automatic guided vehicles, infotainment control and more, information technology'due south no wonder that the automotive AI marketplace exceeded $1 billion in 2019 and is expected to grow at a CAGR of more than 35% through 2026 (Global Market place Insights, 2019).

References:

Argonne National Laboratory (2021). Light Duty Electric Bulldoze Vehicles Monthly Sales Updates. Retrieved from Argonne National Laboratory
BNEF (2020, April 22). BNEF Executive Factbook. Retrieved from Bloomberg
DuGois, F. (2018). Made in America Auto Index — 2018. Retrieved from American Car Alphabetize
Edison Electrical Institute (2018, November 30). EEI Celebrates 1 Million Electric Vehicles on U.S. Roads. Retrieved from Edison Electric Institute
Federal Highway Administration (2020). Highway Statistics. Retrieved from Federal Highway Administration
GoodCarBadCar (2021). Light vehicle sales in the United States between January and Dec of 2019 and 2020, by manufacturer. Retrieved from Statista
IEA (2020, June). Global EV Outlook 2020: Entering the decade of electric drive?. Retrieved from IEA
Markets and Markets (2020, July). Continued Car Marketplace by Service (OTA Update, Navigation, Cybersecurity, Multimedia Streaming, Social Media, e-Call, Autopilot, Home Integration & Other), Form, End Market (OE, Aftermarket), Network, Transponder, Hardware and Region – Global Forecast to 2025. Retrieved from Markets and Markets
St. Louis Fed (2021). Economic Data Serial past Tag. Retrieved from St. Louis Fed
Uradu, L.D. (2020, July 31). Greenbacks for Clunkers. Retrieved from Investopedia
Us Department of Transportation (2020). Motor vehicle registrations in the U.S. in 2019, by land. Retrieved from Statista

Past Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS annotator and a cadre correspondent at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes more often than not near emerging B2B technologies and their affect on the electric current business concern landscape. However, he likewise provides in-depth reviews on a broad range of software solutions to assist businesses find suitable options for them. Through his work, he aims to aid companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.