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 PRODUCTION  | WORLD
Return of consumers’ appetite for new cars kept some of world's car production near full throttle
Published: Thu, 22nd March 2018 16:50:52 GMT  
 

Worldwide car production history 2012 to 2017

The return to a near widespread business-as-usual bullishness in many of last year’s economies, boosting last year’s global car sales by some 2.6 per cent, has inevitably left its positive mark on last year’s passenger car production

Judged by VDA (Germany’s autoindustry federation) compiled numbers, last year's rise in global passenger car production reached a modest 2 per cent, with same year output reaching an improved 84.8 million units. 

Compared with the 77.3m car built as recently as 2014, last year’s global production was 7.5m higher, thanks in large measure to the near linear car production growth seen in China during these same years and a notable jump in EU car production.

Given last year’s only marginally faster advance in sales suggests that in some regions, particularly in Europe, a fair chunk of last year’s car sales likely came from existing stockpiles of cars rather than new production.


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MORE PRODUCTION ARTICLES LIKE THIS:

| Germany’s car exports to China dwarfed by UK   7 Feb 2017


| China turbo-charged last year’s global car production   10 Mar 2017


| Car production still lags behind global car sales pace  03 Feb 2016

 

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