The revenue in the passenger cars market in Cuba was forecast to decrease between 2024 and 2029 by in total 31.6 million U.S. dollars (-15.57 percent). This overall decrease does not happen continuously, notably not in 2026. According to this forecast, in 2029, the revenue will have decreased for the third consecutive year to 171.38 million U.S. dollars.
Data provided by Statista Market Insights are estimates.
The Mobility Market specifically covers newly sold passenger cars, including small, medium, executive, and luxury cars as well as SUVs, minivans, and sports cars. However, motorcycles, buses, trucks, large vans, and light utility vehicles are not included. The market's segmentation is based on several factors, including physical properties (weight, volume, wheelbase) and economic factors (pricing, status, etc.). All key figures shown represent the sales of new cars in the basic configuration in the respective year. Used vehicles are not taken into account, nor is adapted equipment for the new cars sold. The prices and revenues shown as well as the distribution of connectivity, drive types, autonomy levels, and average CO2 emissions are accordingly based on the basic models. Importantly, our focus is solely on the market for newly sold cars, distinct from the broader category of registered cars.
The Passenger Cars market is divided into further markets for small cars, medium cars, executive cars, luxury cars, SUVs, minivans, and sports cars. Additionally, it delves into different car brands, offering a comprehensive view of the market.
Insights are centered on newly sold cars in standard configurations, excluding used vehicles and customizations. Reported statistics align with base vehicle configurations, ensuring a focused understanding of the dynamic passenger car market.
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Statista. (October 3, 2024). Revenue in the passenger cars market in Cuba from 2015 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1397562/revenue-passenger-cars-market-cuba/
Statista. "Revenue in the passenger cars market in Cuba from 2015 to 2029 (in million U.S. dollars)." Chart. October 3, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1397562/revenue-passenger-cars-market-cuba/
Statista. (2024). Revenue in the passenger cars market in Cuba from 2015 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1397562/revenue-passenger-cars-market-cuba/
Statista. "Revenue in The Passenger Cars Market in Cuba from 2015 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 3 Oct 2024, https://www.statista.com/statistics/1397562/revenue-passenger-cars-market-cuba/
Statista, Revenue in the passenger cars market in Cuba from 2015 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1397562/revenue-passenger-cars-market-cuba/ (last visited November 05, 2024)
Revenue in the passenger cars market in Cuba from 2015 to 2029 (in million U.S. dollars) [Graph], Statista, October 3, 2024. [Online]. Available: https://www.statista.com/statistics/1397562/revenue-passenger-cars-market-cuba/