Secure shopping
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.
Motor vehicle production was one of the sectors most affected by the recession that began in Argentina in the second quarter of 2018. The deterioration of macroeconomic conditions in 2018 pushed down both the domestic production and the sales of ...
View more details
In terms of vehicle numbers, automotive production in India in Q1 FY2020 – i.e. in April, May and June 2019 – saw a continuation of the slowdown registered in the second half of FY2019, when sector performance was hit hard by declining ...
View more details
A home to the largest automotive market in Southeast Asia, Indonesia has gradually evolved to become one of the largest motor-vehicle producers in the region. The transport equipment sector is an important pillar of Indonesia’s manufacturing, ...
View more details
Colombia’s automotive sector is highly skewed towards the production of motorcycles. The country has managed to build the second largest two-wheel motor vehicle industry in Latin America, after only Brazil, thanks to high consumer preferences ...
View more details
In 2018, Mexico was the world’s sixth largest vehicle manufacturer, with an output of 4.1mn units, climbing one place compared to 2017. Between 2012 and 2018, domestic vehicle production surged by a cumulative 35.1%, propelled by two factors ...
View more details
As the growth of China’s GDP and car sales have slowed, the expansion of its car parts industry has decelerated too. Statistics published by Chinese research consultancy Qianzhan Intelligence estimate the total sales revenue of China’s ...
View more details
In 2018, motor vehicle output and sales in Brazil rose for a second consecutive year, after a prolonged period of contraction. Acceleration in domestic demand stemming from greater consumer and business confidence, as well as record-low borrowing ...
View more details
Proximity to Western European markets, low-cost skilled labour and favourable investment environment have turned Emerging Europe into a preferred location for major automotive producers and helped the region claim an increasing share of the global ...
View more details
Turkey’s automotive sector recorded solid growth in 2017, with production and exports hitting new record highs for the third straight year. The surge was supported by increased investments, with local automotive manufacturers expanding their ...
View more details
The automotive industry in Russia has a relatively small share in the country’s economy and employment. The sector generates less than 1% of Russia’s gross domestic product (GDP) and provides employment to about 600,000 people, or less ...
View more details