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Automotive
The mission of the Automotive industry – one of the most globalised industries – is to provide safe and accessible transportation for the world’s increasing population. The industry is one of the main engines of economic growth, with important multiplier effects both in upstream sectors such as metal processing, chemicals, and textiles, and in downstream sectors like ICT, trade and services. It is also one of the biggest innovators on a global scale, rapidly adopting breakthrough technologies that address the need for more efficient and environmentally-friendly transport solutions.
The Automotive industry involves the manufacturing of bodies, engines, parts and whole vehicles for ground transportation. Such vehicles include motorcycles, cars, light commercial vehicles and heavy commercial vehicles.
In Q4 FY2020, the automotive output volume in India reached 5.62mn units. This performance was well below the average production volume of the last seven quarters (from Q1 FY2019 to Q3 FY2020), which averaged 7.38mn units. On a quarterly basis, ...
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In 2019, Mexico consolidated its position as the world’s sixth-largest vehicle manufacturer, with an output of 3.95mn units. During the year, strong foreign demand – especially from the US – was the major driving force for ...
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The automotive sector is the second largest manufacturing industry in Poland in terms of gross output, after only food and beverage manufacturing. The sector also has a major socio-economic role, employing around 210,000 people in 2019 (8% of the ...
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Indonesia is home to the largest automotive market in Southeast Asia. Nearly 7.5mn motor vehicles were sold in the country in 2019. More than two thirds of these, however, were two-wheelers. Low incomes make passenger-car ownership difficult for most ...
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In 2019, motor vehicle output and sales in Brazil expanded for the third consecutive year, thanks to the recovery of the economy from the 2015-2016 recession, the improving labour market and declining borrowing costs. However, sector growth ...
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China’s automotive market recorded the second consecutive year of decline in sales during 2019. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the total motor vehicle sales in China reached 25.8mn ...
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Automotive production in China improved in Q4 2019, increasing by 3.5% y/y to 7.6mn units. This is the first quarter that automotive output showed growth since the beginning of 2019, as market confidence recovered and automakers were again piling up ...
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Turkey’s automotive sector was badly hit by the economic recession in the country, which was sparked by the sharp depreciation of lira in the summer of 2018. Despite the government’s efforts to support the domestic market, car sales ...
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In Q3 FY2020, the automotive output volume in India reached 6.31mn units. This performance was well below the average production volume of the preceding six quarters (Q1 FY2018 to Q2 FY2020) which averaged at 7.56mn units. On a quarterly basis, ...
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Russia has the tenth largest market for new passenger cars in the world and the 16th largest in terms of commercial vehicle sales, according to data from the International Organization of Motor Vehicle Manufacturers (OICA). Sales of passenger cars ...
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