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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.
The automotive sector in Romania experienced significant growth since the privatisation of Dacia in 1999 and became a key pillar of the economy. According to Oxford Economics data, the automotive sector generated 9.5% of the manufacturing value added ...
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The Chinese automotive sector’s y/y growth sped up in the second half of 2016, improving on an already strong performance in the first half of the year. Sales revenue reached RMB 8,019bn in 2016, up by 14.1% y/y, while total profit grew at a ...
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The Colombian motor vehicle sector is a relatively small industry with great potential for future growth, given the fact that the country has the third-largest population in Latin America, with 48.8mn inhabitants as of the end of 2016. At the same ...
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The Chinese automotive sector’s y/y growth sped up in the second half of 2016, improving on an already strong performance in the first half of the year. Sales revenue reached RMB 8,019bn in 2016, up by 14.1% y/y, while total profit grew at a ...
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Turkey’s automotive sector grew strongly in 2016, with production hitting a new record high for the second straight year and exports exceeding the one-million mark for the first time ever. The expansion was supported by increased investments, ...
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The automotive sector’s gross output accounted for 10.3% of the total gross output of the Czech economy in 2015, up from 8.5% in 2011. The sector’s share of the total gross value added (GVA) also increased to 5.2% in 2015 from 4.5% in ...
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The automotive sector is one of the key industries in Poland and generated around 7% of the country's GDP in 2015. A total 165,000 people are employed in the manufacturing of motor vehicles, trailers and semi-trailers, accounting for more than 8% of ...
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India is the world’s sixth-largest motor vehicle producer, claiming a share of some 5% in global vehicle manufacturing in FY2016. The country is also the world’s seventh-largest commercial vehicle producer. The industry’s output, ...
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The Chinese automotive sector’s y/y growth sped up in the second half of 2016, improving an already strong performance in the first half of the year. Sales revenue reached RMB 7,146bn in the first eleven months of 2016, up by 14.1% y/y, while ...
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Over 2002-2013, the production and sales of motor vehicles in Brazil expanded at robust CAGRs of 7.8% and 8.9%, respectively. The rapidly growing domestic market attracted a strong wave of investment – during the period, a total of USD 24.6bn ...
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