Which country is the world’s biggest purchaser of cars?
Chinese market recovery China is the world’s largest producer and consumer of passenger cars. This means that any change in production and sales in the Chinese automotive market will be noticeable in global figures. The Chinese economy has grown in tandem with vehicle production and sales. China is the largest car market in the world, accounting for over 23.Global vehicles sales (cars + light vehicles) up to August 2025 have reached 57,38 million units, reporting a 3. Looking at YTD data up to August 2025 country-wise, China remained the largest global market, gaining 6%. This huge market accounted for 29.China is the world’s largest producer of vehicles, having manufactured more than 23.It’s become second nature to say the most reliable cars on the market come from Japan and to a lesser extent, South Korea.
Who has 7000 cars in the world?
Sultan Hassanal Bolkiah of Brunei is the world’s largest car collector, owning around 7,000 vehicles. His collection includes an incredible range of luxury brands like Rolls-Royce, Ferrari, Lamborghini, and Bugatti, many of which are custom-made exclusively for him. Imagine a car collection so massive, so valuable, it’s worth a staggering 2. This incredible collection belongs to Sultan Hassanal Bolkiah, the ruler of Brunei, a small but wealthy country in Southeast Asia, and known as the world largest car collection.Sultan Hassanal Bolkiah of Brunei is renowned for his $5 billion car collection, featuring over 7,000 bespoke Rolls Royces, Bentleys, and Ferraris.The Sultan of Brunei car collection numbers over 5,000 exotics, sports cars, rare and limited editions, all housed in a garage that is really more of a palace by all standards, with separate wings devoted to each brand.Sultan Hassanal Bolkiah of Brunei is believed to have a private collection of around 500 Rolls-Royces – the largest collection of its kind in the world.
How big is the second hand car market in India?
According to Custom Market Insights (CMI), The India Used Car Market(https://www. India Used Car-market/) size was estimated at USD 32. Billion in 2022 and is expected to hit around USD 138. Billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 17. India Becomes World’s 3rd Largest Automobile Market, Aims for Top Spot: Gadkari. Union Road Transport and Highways Minister Nitin Gadkari today asserted that India now has become the third-largest automobile market globally surpassing Japan, and aims to reach the top position within the next five years.