Another great post, thanks for the Indian Traffic Reality video, too. To nitpick, however, I think India is the 3rd largest car market in UNITS of sales (both at about 4.5 mm, as the 2025 unit sales stats show India and Japan essentially tied), but in REVENUE terms Japan is still larger, with an average selling price of some $22,000 (and yes, I am including the kei cars) and India at more like $14,000. Again, this is a nitpick, but I like to point out that the auto industry is kinda bizarre in that it keeps score in units rather than dollars (or rupees or yen). This would be like ranking Walmart vs. Amazon according to how many pairs of socks they sold. In the car world I guess a Mazda equals a Mercedes equals a Maserati.
Another great post, thanks for the Indian Traffic Reality video, too. To nitpick, however, I think India is the 3rd largest car market in UNITS of sales (both at about 4.5 mm, as the 2025 unit sales stats show India and Japan essentially tied), but in REVENUE terms Japan is still larger, with an average selling price of some $22,000 (and yes, I am including the kei cars) and India at more like $14,000. Again, this is a nitpick, but I like to point out that the auto industry is kinda bizarre in that it keeps score in units rather than dollars (or rupees or yen). This would be like ranking Walmart vs. Amazon according to how many pairs of socks they sold. In the car world I guess a Mazda equals a Mercedes equals a Maserati.
Yes this is true! I did mean units, this is a good nit to pick. Thanks for reading!