India’s vehicle ownership rate compared: How it stacks up globally
By Vivek Dubey
By Vivek Dubey
CNBC-TV18.com
CNBC-TV18.com
Published August 19, 2024
Published August 19, 2024
New Zealand’s Top Spot
New Zealand has 869 vehicles per 1,000 inhabitants. Popular imports include Toyota and Mazda from Japan, reflecting high car ownership.
US Vehicle Ownership
The United States features 860 vehicles per 1,000 people. Major brands include Ford, Chevrolet, and Tesla, illustrating widespread car use.
Australia’s Car Figures
Australia has 737 vehicles per 1,000 residents. Common brands are Toyota, Ford, and Holden, indicating a strong preference for personal vehicles.
Canada’s Car Density
Canada stands at 707 vehicles per 1,000 inhabitants. Popular brands include Honda, Toyota, and Ford, supported by extensive road networks.
UK Car Ownership
The United Kingdom reports 632 vehicles per 1,000 people. Brands such as BMW, Volkswagen, and Ford are prevalent, reflecting high car use.
Germany’s Car Market
Germany has 627 vehicles per 1,000 residents. Known for brands like Mercedes-Benz, BMW, and Audi, it shows a significant level of car ownership.
Japan’s Vehicle Count
Japan features 612 vehicles per 1,000 people. Major brands include Toyota, Honda, and Nissan, despite strong public transport.
Russia’s Car Figures
Russia has 389 vehicles per 1,000 inhabitants. Brands such as Lada and Toyota are common, with varied ownership across the large country.
China’s Car Growth
China reports 223 vehicles per 1,000 residents. Brands like BYD and Geely are popular, with 31% of sales being electric vehicles.
India’s Vehicle Ownership
India shows 33 vehicles per 1,000 inhabitants. Brands such as Maruti Suzuki and Tata are prevalent, reflecting a growing car market.
Pakistan’s Car Rate
Pakistan has 20 vehicles per 1,000 residents. Brands like Suzuki and Toyota are common, indicating early-stage market development
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