Which is the 3rd largest auto market in the world?
India’s automobile market continues to rise along with its population, with domestic vehicle sales surpassing Japan for the first time in 2022 to make it the third-largest market in the world. The country’s nominal gross domestic product per capita is in the $2,000 range, far below that of developed countries. India contributes 7. GDP through its automotive sector and ranks 4th in global vehicle production.
How many dealerships are there in the USA?
The number of new-car dealerships in the U. S. January 1, according to the 2025 Automotive News Dealer Census. The total number of franchises decreased by 1. According to the National Association of Minority Automobile Dealers (NAMAD), the automobile industry added an impressive 110 minority-owned stores in 2022. Minority-owned stores now total 1,476 stores scattered throughout the U. S.