The world vehicle population passed the 500 million-unit mark in 1986, from 250 million motor vehicles in 1970. Between 1950 and 1970, the vehicle population doubled roughly every 10 years. Navigant Consulting forecasts that the global stock of light-duty motor vehicles will reach 2 billion units in 2035.
Well, according to the most recent estimates, the world's population is a (quickly growing) 7.6 billion, and with an estimated 1.4 billion cars on the road, that puts the vehicle saturation at around 18 per cent
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The world vehicle population passed the 500 million-unit mark in 1986, from 250 million motor vehicles in 1970. Between 1950 and 1970, the vehicle population doubled roughly every 10 years. Navigant Consulting forecasts that the global stock of light-duty motor vehicles will reach 2 billion units in 2035.
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what is population of vehicle
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Well, according to the most recent estimates, the world's population is a (quickly growing) 7.6 billion, and with an estimated 1.4 billion cars on the road, that puts the vehicle saturation at around 18 per cent