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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's automotive sector continued to rank first globally in terms of production and sales in 2024. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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The automobile industry is one of the most important pillars of the Indian economy, accounting for over 40% of the country's manufacturing output and contributing around 6 to 7% to GDP, while providing employment to more than 30 million people both ...
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The automotive industry is one of the pillars of the Polish economy, representing on average 8% of the country's GDP between 2022 and 2024, according to the latest available estimates by the Ministry of Economic Development and Technology as of May ...
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The total sales revenue of China's car parts sector reached RMB 4.62tn in 2024, which represented an increase of 4.8% y/y, according to data released by the China Business Intelligence Network (AskCI). By the end of 2024, the number of China's car ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2024. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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The Brazilian automotive industry is undergoing a profound transformation, driven by the post-pandemic recovery, electrification trends and intensified global competition. In 2024, Brazil produced 2.5mn units, maintaining its position as the largest ...
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Europe has long been a cornerstone of the global automotive industry, contributing significantly to global vehicle production and exports. According to the European Parliament, in 2023, the EU produced approximately 14.8mn vehicles, including 12.2mn ...
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Turkiye is home to production sites for more than 30 of the world's top 100 automotive suppliers, reflecting its strategic role in the international automotive industry. The automotive sector has consistently driven Turkiye's industrial expansion ...
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