Car Ownership in Key Global Auto Markets

Thousand-person car ownership is the average number of cars owned by one thousand people in a region, and generally refers to the number of cars registered in the local area. This indicator is an important reference basis for predicting the car capacity of a certain area, and is an important information that auto auto parts foreign trade enterprises need to understand and master.
        According to statistics from the World Federation of Manufacturers, in 2015, thousands of people in the North American Free Trade Area owned 670 cars, 28 countries in the European Union + 581 EFTA, 176 in Central and South America, 115 in the Asia-Pacific region, and 42 in Africa. Among the typical countries: the United States thousand There are 821 cars in Russia, 358 in Russia, 248 in Chile, 209 in Saudi Arabia, 118 in China, 87 in Indonesia and 22 in India.
        According to the IMF forecast, per capita GDP in the low- and middle-income markets is between US$3,000 and 8,000, and car ownership per 1,000 people is below 200, and car consumption is mainly driven by the economy; per capita GDP in the middle and high-income markets is between US$8000 and 16,000, and car ownership per 1,000 people will reach With 250-450 vehicles, car consumption will grow exponentially with economic and population growth; GDP per capita in developed countries will be above US$20,000, and car ownership for 1,000 people will reach more than 500 vehicles. The growth of the automobile market will mainly rely on stock replacement.