The Asian automobile production is decreasing by 6,5% compared to 2019
- Asian automotive production reached a volume of 33,415,081 units (PC + LUV) in the first 9 months of 2021. This figure represents an increase of 11.4% compared to the first 9 months of 2020, but a decrease of 6,5% compared to the first 9 months of 2019. Asia will see its automobile production increase more sharply in 2021 than Europe or North America and consequently the decrease recorded in 2021 compared to 2019 is lower than those recorded in Europe and North America. The question is whether Asia suffered less from the semiconductor shortage and / or suffered less from a drop in demand for new vehicles, this region being less motorized than Europe and North America.
- Of this total, China produced 18,235,030 units, or 55% of the Asian production (compared to 54% in the first six months of 2021). It increased by 7.5% in the first half of 2021 compared to the first 9 months of 2020, and by 0.6% compared to the first 9 months of 2019. It is one of the rare countries to see its production increasing in 2021 compared to 2019.
- The share of Chinese production therefore increased further over the period, to 32% of the world production, against 31% over the first 6 months of 2021. We are inevitably approaching 33% of world production, that is to say one in three vehicles produced in the world, whereas twenty years ago Chinese automobile production represented only 4% of the world production.
- It should be noted, however, that September marks a slowdown in Asian automobile production, in particular for China (-17.7%), but perhaps this is only a temporary slowdown.
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