Automotive Statistics

Last Updated on: January 13th, 2024

Automotive Statistics

Photo by Daen van Beers on Unsplash

The automotive industry has seen a number of changes and challenges in recent years, with shifts in consumer preferences, technology advancements, and government regulations having a major impact on the sector. According to recent data, electric vehicles (EVs) have seen significant growth in market share, with global EV sales increasing by over 50% in 2020. Meanwhile, the internal combustion engine (ICE) vehicle market has experienced a slowdown, with declining sales and stricter emissions regulations leading to increased pressure on manufacturers to transition to more sustainable options. In addition, the COVID-19 pandemic has had a significant impact on the automotive industry, with production shutdowns and supply chain disruptions leading to a decline in vehicle sales in 2020. Despite the challenges, the industry remains a key player in the global economy and is expected to continue to evolve and grow in the coming years.

Here is a collection of some of the most interesting automotive statistics and fun facts I have stumbled across in my internet travels. Posts here cover both individual automotive companies as well as the industry as a whole.

Automotive Fun Facts

  1. The first automobile was invented in 1886 by Karl Benz.
  2. The world’s fastest car is the Bugatti Chiron Super Sport 300+, which has a top speed of 304 mph.
  3. The Ford Model T was the first car to be produced on an assembly line, which greatly reduced the cost of manufacturing and made cars more affordable for the general public.
  4. The first traffic light was installed in Cleveland, Ohio in 1914.
  5. The world’s largest tire manufacturer is Bridgestone, which produces over 190 million tires annually.
  6. The first car radio was invented in 1929 by Motorola, and the first car with a built-in radio was the 1930 Cadillac.
  7. The first electric car was invented in 1832 by Scottish inventor Robert Anderson.
  8. The average car has over 30,000 parts.
  9. The first car accident ever recorded occurred in 1891 in Ohio, when a car collided with a tree root.
  10. The world’s largest car market is currently China, with over 25 million cars sold in 2020.

Specific Automotive Company Statistics Pages

Stat posts here are added, edited and updated almost daily, so be sure to check back often!