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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.
China is the world's largest producer, consumer, and exporter of steel. The country's crude steel production and consumption have both ranked first in the world for 28 consecutive years, according to the China Iron and Steel Association (CISA). In ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2023. According to the statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2023. According to the statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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The automotive industry is one of the pillars of the Polish economy. It accounted for 8% of the country's GDP and approximately 13.5% of its exports value in 2022, according to the latest available estimates by the Polish Investment and Trade Agency ...
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In 2022, Malaysia continued to consolidate its position as the third-largest four-wheel motor vehicle manufacturer and market in the ASEAN region, behind Thailand and Indonesia. Motorcycles and passenger vehicles were the main two segments in the ...
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Thailand is the largest producer of four-wheel vehicles in the ASEAN region and the second-biggest market in the region. The strength of the industry lies in the long-standing presence of Japanese motor vehicle manufacturers, which have achieved a ...
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The total sales revenue of China's car parts sector reached RMB 3.88tn in 2022, which represented an increase of 3.6% y/y, according to data released by Qianzhan. By end-2022, the number of China's car parts companies reached over 100,000, and nearly ...
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Indonesia is the largest market for both two-wheel and four-wheel vehicles within the ASEAN region, and it is the region's second-largest motor vehicle manufacturer. The automotive industry plays a crucial role in driving Indonesia's economic ...
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The USD 18bn of foreign direct investments (FDIs) that Turkey has attracted into its automotive sector since 2000 have significantly bolstered the nation's manufacturing prowess, positioning Turkey as a crucial link in the international Original ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2022. According to the statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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