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WORLD
China and US offset flat or declining car production in Europe
Yet again, AID compiled figures reveal, China’s production growth figures the envy of the world
Published: Mon, 24 February 2014 16:56:15 GMT
 

China car production BMW badge

China, helped in no small matter by American consumers’ rekindled appetite in new cars, came once more to the rescue of the world’s automotive industry, offsetting the ill-effects of weak demand in most of mainland Europe

Last year’s global passenger car production, thanks chiefly to yet another big boost from China and the US, rose 5.6 per cent to 74.6m units from the 70.6m recorded in the previous year, according to VDA data. 

The biggest net contribution to last year’s global car production tally came from China, the absolute car sales and production dynamo during the recently endured global car sales famine. 

True to form, driven for yet another year by markedly faster than earlier expected domestic demand, most of China’s car plants continued to run at full tilt. 

The still dizzying rate of China’s car sales rate, doubly underlined last year by a near 19 per cent sales surge from domestically built cars to 14.8m units, was naturally echoed in the output pace at most of China’s car plants, according to AID compiled data for last year. 

16.4m
China’s full year 2013 passenger car production


For yet another year, AID compiled figures reveal, China’s car sales and production growth figures have been the envy of the automotive world. 

Far from slowing, as was generally expected during the beginning of last year, and pleasingly satisfying for all concerned, China’s still high-flying dragon was showing precious few signs of losing altitude
...more 


MORE LIKE THIS:


‘Made in Germany’ - German production lines kept humming  21 Feb 2014


Western Europe - Off to a good start in January  10 Feb 2014


German-made cars rule Britain’s roads  15 Mar 2013



DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

WORLD CAR PRODUCTION by MARKET & REGION:
WORLD new PASSENGER car PRODUCTION: by MARKET & REGION 2013 VS 2012

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