AUTOMOTIVE STUDY 2025 / Šaroch (ed.) et al.

Fig. 1.2: Global motor vehicle production (million units)

Source: International Organization of Motor Vehicle Manufacturers (OICA). Note: Other motor vehicles include light commercial vehicles, trucks, and buses Asia has long been a leader in passenger car production. In 2023, the region accounted for around 69% of the global share, representing a production of 46.6 million units. Of this, China alone dominated with 38% of total global passenger car production. Europe, with 15.5 million passenger cars, accounted for 23% of the market. In contrast, the United States produced only 1.8 million passenger cars in 2023, accounting for around 3% of global production. is lower market share can be explained by the higher demand for vehicle types such as light trucks (typically Ford pickups in the US, see above), which are not included in passenger car statistics. Pickup trucks and other light commercial vehicles account for 80% of total vehicle production in the US, compared to 12% in Europe. In the Americas region, 13.3 million light commercial vehicles will be produced in 2023, with 63% (8.5 million) in the US. Production of passenger cars and light commercial vehicles in Europe in 2023 was 17.7 million units, and 18.5 million units in the Americas region. In the long term, there is a 33% increase in production within the Asian region compared to the 2012 period. China alone increased production by 68% compared to 2012. Europe saw an 11% drop in production compared to 2012 (Germany saw a 24% drop in passenger car production). e Americas region saw a 49% drop in passenger car production (the US saw a 56% drop).

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