CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country is at 1st position in the terms of the largest vehicle market in the World?
A
India
B
Germany
C
China
D
USA
Explanation: 

Detailed explanation-1: -In 2021, China continued to lead the global auto market, with 26.27 million vehicles sold. The US remained second at 15.4 million vehicles, followed by Japan at 4.44 million units.

Detailed explanation-2: -China was the #1 car sales country in 2021, a rank it has held for over ten years. Total sales in China were up 7%, boosted by electric vehicle sales doubling since last year.

Detailed explanation-3: -China’s auto market topped the chart in the year 2021 as 26.27 vehicles were sold in the year, followed by the US at 15.4 million and Japan at 4.44 million.

Detailed explanation-4: -The automotive industry in India is the fourth-largest in the world as per 2021 statistics. In 2022, India became fourth largest country in the world by valuation of automotive industry. As of 2022, India is the 3rd largest automobile market in the world, surpassing Japan and Germany in terms of sales.

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