The US market is down 7.8% in 2022 compared to 2021
- The US automotive market (passenger cars and light utility vehicles) fell to 13.9 million vehicles in 2022, compared to 15.1 million in 2021, which represents a decrease of 7.8% compared to 2021 and 18.5 % compared to 2019. The figures for 2020, 2021 and 2022 which hover between 14 and 15 million units per year remain very far from the figures for 2015 to 2019 which hovered around 17 to 17.5 million units per year.
- Remember that at the pic of the 2008-2009 crisis, the US market had fallen to nearly 10 million units, a volume that we are still far from. According to Inovev, the US market will overtake the European PC+LUV market in 2022, as the latter should not exceed 13 million units, compared to 13.7 million in 2021.
- Of all US registrations in 2022, SUVs represented 7.36 million units (53% of the market), sedans and coupes 2.65 million units (19% of the market), pick-ups 2.73 million units (20% of the market). Sedans and coupés continue to lose market share to SUVs and pick-ups.
- In 2022, the GM group (2,258,283 sales) regained first place on the US market from Toyota (2,108,457 sales), which had overtaken it in 2021. The Ford group (1,850,925 sales) remains third, ahead of the Stellantis group (1,553,895 sales). The Hyundai-Kia (1,474,224 sales), Honda (983,507 sales) and Renault-Nissan (815,160 sales) groups follow. Tesla (522,444 sales) is the tenth largest carmaker on the US market in 2022, almost tied with the Volkswagen group and Subaru.