number of vehicles registered in the united states
Passenger vehicles in the United States The United States is home to the second largest passenger vehicle market of any country in the world, second now[when?] to China.[1] Overall, there were an estimated 263.6 million registered vehicles in the United States in 2015, most of which were passenger vehicles.[2] This number, along with the average age of vehicles, has increased steadily since 1960. The United States is also home to three large vehicle manufacturers: General Motors, Ford Motor Company, and Chrysler, which have historically been referred to as the "Big Three". There are other car manufacturers that are of introduction to the American auto industry, such as Peugeot, Citroen, DS, Opel, Vauxhall, Mahindra, Ssangyong, and Trumpchi.
Automotive industry in the United States The motor vehicle industry began with hundreds of manufacturers, but by the end of the 1920s it was dominated by three large companies: General Motors, Ford, and Chrysler, all based in Metro Detroit. After the Great Depression and World War II, these companies continued to prosper, and the U.S. produced nearly three quarters of all automobiles in the world by 1950 (8,005,859 of 10,577,426).[2][3] Beginning in the 1970s, a combination of high oil prices and increased competition from foreign auto manufacturers severely affected the companies. In the ensuing years, the companies periodically bounced back, but by 2008 the industry was in turmoil due to the aforementioned crisis. As a result, General Motors and Chrysler filed for bankruptcy reorganization and were bailed out with loans and investments from the federal government. But according to Autodata Corp, June 2014 seasonally adjusted annualized sales is the biggest in history with 16.98 million vehicles and toppled previous record in July 2006.[4]