One in Three Cars Worldwide Is Produced in China #infographic

One in Three Cars Worldwide Is Produced in China #infographic

For all the cars produced worldwide in 2019, nearly one in three or 32 per cent came from China. As the automobile manufacturers' association OICA figures show, the world produces fewer cars than it did in 2014, but some Asian markets have continued to boost their production volumes.

India saw one of the biggest rises in five years – almost 15 per cent to 3.6 million cars a year. The biggest drop in demand has impacted the ailing U.S. automotive industry, which between 2014 and 2019 lost 40 percent of its domestic revenue.

Germany still produces fewer cars at home but German car manufacturers such as Volkswagen are part of China 's rising growth. The Chinese market accounted for around 39 per cent of the overall Volkswagen sales in 2019. Shifting manufacturing sites are only one aspect of the automotive industry 's internationalization. Manufacturing know-how also migrates, with existing manufacturers entering into joint ventures with Chinese or other Asian companies usually involving technology transfer.

One in Three Cars Worldwide Is Produced in China #infographic

infographic by: www.statista.com

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