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 slowing economy and the transition to VI emission standards continued to weigh on China’s automotive market. In Q3 2019, the automotive production slumped by 6.2% y/y to 6mn units, where passenger car production only was down by 6.9% y/y. ...View more details
In 2018, Latin America consolidated its position as one of the largest and fastest-growing manufacturing and export hubs for motor vehicles. Amidst the sharp downturn of both production and sales of motor vehicles in Europe, Asia and Oceania, Latin ...View more details
The automotive industry is the backbone of Indian heavy industry, with linkages to the steel, aluminium, rubber, plastic, and glass manufacturing industries, amongst others. Sectors such as logistics, banking and insurance, repair services, and fuel ...View more details
In 2018, Thailand was the largest producer of four-wheel vehicles in the ASEAN region and the 12th largest vehicle producer and market in the world. The country’s four-wheel vehicle market was the second-largest in ASEAN in that year. The ...View more details
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 203,000 people in 2018 (8% of the ...View more details
The automotive production in China slumped by 17.6% y/y in Q2 2019 amid weaker economic growth and a continuous decline in the domestic automotive market. In Q2 2019, China produced 5.8mn cars compared to 7.03 mn in the same quarter of the previous ...View more details
The automotive production in China slumped by 9.8% y/y in Q1 2019 amid weaker economic growth and a continuous decline in the domestic automotive market. In Q1 2019, China produced 6.3mn cars compared to 7.02 mn in the same quarter of the previous ...View more details
In Q4 2018, the sales of motor vehicles in China were 7.6mn units, representing a decline of 13% y/y. Commercial vehicle sales remained relatively flat with a 0.9% y/y growth in Q4 2018, but the sales of passenger cars contracted by 15% y/y. ...View more details
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