Latin America: sales of cars and commercial vehicles 2010-2022
Sales of new motor vehicles in Latin America have been slowly increasing since the COVID-19 pandemic, but are yet to reach pre-pandemic levels. In 2022, approximately 5.09 million passenger cars and commercial vehicles were sold in the region, a decrease of 30.9 percent in comparison to the peak of the decade (7.4 million units sold in 2012).