Which country has the highest car sales in the world?
China is the largest car market in the world, accounting for over 23. Japan and india are the second and third largest car markets in the world, with sales of 5. global vehicles sales (cars + light vehicles) up to september 2025 have reached 64,67 million units. Looking at ytd data up to september 2025 country-wise, china remained the largest global market, up by 6. This huge market accounted for 29. Usa ranked 2nd gaining 3.Compared to Mexico, where 135,000 Chinese-branded vehicles were sold in 2023, accounting for 10 percent of total car sales, the US has no Chinese auto brands on sale (although it does sell a small number of made-in-China electric or hybrid cars by Polestar, Volvo and Ford).China is the largest car market in the world, accounting for over 23. Japan and India are the second and third largest car markets in the world, with sales of 5.
Which country spends most on luxury brands?
Presently, South Korean annual per capita spend on luxury goods remains more than six times higher than that of Chinese spenders. Globally, McKinsey projected the luxury market to grow between 5% and 10% in 2023, buoyed by demand from the U. S. China. Many countries have seen an increase in spending on luxury items, but one country now stands out as the world’s biggest spender on luxury goods per capita: South Korea. According to analysts from Morgan Stanley, South Korea’s spend on luxury goods saw a 24% increase in 2022 to €15.The investment bank estimated South Korean total spending on personal luxury goods grew 24% in 2022 to $16. That’s far more than the $55 and $280 per capita spent by Chinese and American nationals, respectively, according to Morgan Stanley estimates.