China accounts for 31% of the global production in 2021
- The volume of global production of light vehicles (passenger cars - PCs and light utility vehicles - LUVs) increased by 16.8% in the first eight months of 2021, to 51 million vehicles, compared to 44 million in 2020, but down 7,2% in 2019 (to 55 million units).
- Europe produced 9.34 million light vehicles over this period, compared to 8.18 million in the corresponding period of 2020, which represents a 14.2% year-over-year increase. It should be noted that Eastern Europe (the latest entrants to the European Union) saw its production increase by 15.6% while Western Europe grew by only 13.8%.
- Both Americas (North and South) produced 10.69 million light vehicles over the same period, compared to 9.40 million in the corresponding period of 2020, representing a 13.7% year-over-year increase. It is to be noted that North America produced 9.08 million vehicles against 8.23 million (+10.3%) and South America 1.61 million against 1.19 million (+34.7%).
- Asia produced 30.08 million vehicles in the same period, compared to 25.49 million in the corresponding period of 2020, representing an 18% increase year-over-year.
- Overall, automobile production remains down compared to 2019, -23% for Europe, -21.3% for the two Americas and -5% for Asia. The smaller decline recorded by the Asian region increases the dominance of this continent in the global automobile production, as it represents 58% of the production over the first eight months of 2021 against 57% over the first eight months of 2020. China alone accounts for 31% of the global production.
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