Global light vehicle registrations rose nearly 3% in 2024

The latest Automotive World datablast for light vehicle registrations is now available. Global registrations in 2024 rose 2.7% to nearly 75.24 million units, from 73.27 million in 2023. Apart from Africa, which saw a decline of 2.9% to just under 485,000 units, all other regions experienced a rise in registrations. South America saw the biggest rise in percentage terms, up 7.4% at just over 2.6 million units. Asia grew by only 1.4% to just over 37 million, with the region outselling both Europe and north America combined. Europe, including Russia, grew by 4.4% to just under 14.5 million, while North America grew by 3.6% to nearly 19.4 million. These trends are summarised in the table below: