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.
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, ...READ MORE
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 ...READ MORE
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 ...READ MORE
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, ...READ MORE
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 ...READ MORE
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 ...READ MORE
The automotive industry has been by far the most dynamically growing sector in Hungary since the end of the economic crisis of 2008-2009. Motor vehicle production grew by a spectacular CAGR of 18.6% in the period 2010-2015, reaching a record high 495 ...READ MORE
The Chinese automotive sector’s y/y growth speeded up in the first nine months of 2016, improving an already strong performance in the first half of the year. In the first nine months of 2016, motor vehicle sales grew by 13.2% y/y to 19.29mn ...READ MORE
Mexico’s automotive sector has experienced a steady expansion in the last 20 years. Whereas in 1993 the automotive value chain, including the production of motor vehicles and auto parts, accounted for 1.5% of the country’s GDP and for 8 ...READ MORE
Malaysia is the third-largest motor vehicle manufacturer and market in the ASEAN region, behind Thailand and Indonesia. The domestic market is dominated by passenger vehicles, which represented 56.4% of total sales in 2015. Two national brands, ...READ MORE