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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.
In Q3 FY2021, the automotive output volume in India (excluding commercial vehicles) reached 7mn units. On a quarterly basis, production increased by 8.3% in Q3 FY2021 (up from 6.5mn units in Q2 FY2021, excluding commercial vehicles). Along this ...
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The COVID-19 pandemic and the related containment measures – including full‐scale lockdowns and other restrictions throughout 2020 – had an unprecedented impact on both car supply and demand across the global automotive market ...
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China first identified low-carbon development as an important focus of economic transformation in its 12th FYP guidelines. This time, policymakers reiterated the need to accelerate the process with an aim to meet the carbon ...
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Thailand is the largest producer of four-wheel vehicles in the ASEAN region and the 11th largest vehicle producer in the world. Additionally, the Thai four-wheel vehicle market is the second-largest in ASEAN and the 17th-largest market in ...
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Russia is home to the fifth largest car market in Europe and the ninth largest in the world. The automotive industry, however, takes less than half percent of the economy and employs just 3% of the manufacturing sector’s workforce. ...
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In Q2 FY2021, the automotive output volume in India (excluding commercial vehicles) reached 6.5mn units. On a quarterly basis, production increased by 353.1% q/q in Q2 FY2021 (up from 1.4mn units ...
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In Q3 2020, the automotive sector in China continued to improve in terms of production and sales on the back of economic recovery. The automotive production increased by 14.1% y/y to 6.8mn units. Output of passenger car and commercial ...
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The year 2019 was a challenging one for the global automotive industry, which reported a 5.2% y/y decrease in motor vehicle output, ending ten years of continuous growth. On the one hand, key markets reached maximum automobile ...
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In FY2019, the main growth driver of the Indian motor vehicle industry was a solid increase of domestic demand, which grew at a CAGR of 8.7% between FY2016 and FY2019. Domestic demand accounted for an average 85.6% ...
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In 2019, Colombia consolidated its positions as the second-largest motorcycle producer in Latin America, after Brazil, and the fourth-biggest manufacturer of four-wheel vehicles in the region. During the year, the domestic vehicle sales ...
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