World Vehicle Population Tops one Billion Units, News – Analysis content from WardsAuto

World Vehicle Population Tops one Billion Units

The number of vehicles in operation worldwide surpassed the one billion-unit mark in two thousand ten for the very first time ever.

According to Ward’s research, which looked at government-reported registrations and historical vehicle-population trends, global registrations leaped from nine hundred eighty million units in two thousand nine to 1.015 billion in 2010.

The figures reflect the approximate number of cars, light-, medium- and heavy-duty trucks and buses registered worldwide, but that does not include off-road, heavy-duty vehicles.

The Trio.6% rise in vehicle population was the largest percentage increase since 2000, while the 35.6 million year-to-year unit increase was the second-biggest increase in overall volume ever.

The market explosion in China played a major role in overall vehicle population growth in 2010, with registrations leaping 27.5%. Total vehicles in operation in the country climbed by more than 16.8 million units, to slightly more than seventy eight million, accounting for almost half the year’s global increase.

The leap in registrations gave China the world’s second-largest vehicle population, pushing it ahead of Japan, with 73.9 million units, for the very first time.

India’s vehicle population underwent the second-largest growth rate, up 8.9% to 20.8 million units, compared with Nineteen.1 million in 2009.

Brazil experienced the 2nd largest volume increase after China, with Two.Five million extra vehicle registrations in 2010.

U.S. registrations grew less than 1% last year, but the country’s 239.8 million units continued to constitute the largest vehicle population in the world.

Vehicles in operation in two thousand ten equated toughly to a ratio of 1:6.75 vehicles to people among a world population of 6.9 billion, compared with 1:6.63 in 2009. But the distribution was not equal, even among the largest markets.

In the U.S., the ratio was 1:1.Three among a population of almost three hundred ten million – the highest vehicle-to-person ratio in the world. Italy was 2nd with 1:1.45. France, Japan, and the U.K. followed, all of which fell in the 1:1.7 range.

In China, the ratio was 1:17.Two among the country’s more than 1.Trio billion people. India, the world’s 2nd most-populous nation with 1.17 billion people, spotted a ratio of 1:56.Three.

The world vehicle population in two thousand ten passed the one billion-unit mark twenty four years after reaching five hundred million in 1986. Prior to that, the vehicle population doubled harshly every ten years from one thousand nine hundred fifty to 1970, when it very first reached the two hundred fifty million-unit threshold.

World Vehicle Population Tops one Billion Units, News – Analysis content from WardsAuto

World Vehicle Population Tops one Billion Units

The number of vehicles in operation worldwide surpassed the one billion-unit mark in two thousand ten for the very first time ever.

According to Ward’s research, which looked at government-reported registrations and historical vehicle-population trends, global registrations hopped from nine hundred eighty million units in two thousand nine to 1.015 billion in 2010.

The figures reflect the approximate number of cars, light-, medium- and heavy-duty trucks and buses registered worldwide, but that does not include off-road, heavy-duty vehicles.

The Trio.6% rise in vehicle population was the largest percentage increase since 2000, while the 35.6 million year-to-year unit increase was the second-biggest increase in overall volume ever.

The market explosion in China played a major role in overall vehicle population growth in 2010, with registrations leaping 27.5%. Total vehicles in operation in the country climbed by more than 16.8 million units, to slightly more than seventy eight million, accounting for almost half the year’s global increase.

The leap in registrations gave China the world’s second-largest vehicle population, pushing it ahead of Japan, with 73.9 million units, for the very first time.

India’s vehicle population underwent the second-largest growth rate, up 8.9% to 20.8 million units, compared with Nineteen.1 million in 2009.

Brazil experienced the 2nd largest volume increase after China, with Two.Five million extra vehicle registrations in 2010.

U.S. registrations grew less than 1% last year, but the country’s 239.8 million units continued to constitute the largest vehicle population in the world.

Vehicles in operation in two thousand ten equated toughly to a ratio of 1:6.75 vehicles to people among a world population of 6.9 billion, compared with 1:6.63 in 2009. But the distribution was not equal, even among the largest markets.

In the U.S., the ratio was 1:1.Trio among a population of almost three hundred ten million – the highest vehicle-to-person ratio in the world. Italy was 2nd with 1:1.45. France, Japan, and the U.K. followed, all of which fell in the 1:1.7 range.

In China, the ratio was 1:17.Two among the country’s more than 1.Three billion people. India, the world’s 2nd most-populous nation with 1.17 billion people, spotted a ratio of 1:56.Trio.

The world vehicle population in two thousand ten passed the one billion-unit mark twenty four years after reaching five hundred million in 1986. Prior to that, the vehicle population doubled harshly every ten years from one thousand nine hundred fifty to 1970, when it very first reached the two hundred fifty million-unit threshold.

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