Global automobile production of light vehicles over the first five months of 2021 (2/2)
- Since 2010 (see graph below), the first year post global financial crisis, the global production volume of light vehicles (PC + LUV) had not stopped growing until 2019. The monthly rate of seasonality was respected - very high March and September and very low August. From a monthly rate of 6 to 7 million units from 2010 to 2013 then from 7 to 8 million from 2013 to 2016, then finally from 7 to 9 million from 2016 to 2019, the monthly rate fell to 7 million then 5 million in 2020, at the start of the Covid-19 crisis, then 3 million at the height of the crisis. Since then, the global rate has risen to 6-8 million per month, but we are still quite far from the rate from 2016 to 2019.
- The ranking by carmakers over 4 months (the results over 5 months are not yet known) shows some changes. The biggest change is the decline of the GM group (ex-world leading group) which falls to sixth place, behind Stellantis and Hyundai-Kia. The Ford group is moving away from the Honda group which it was ahead of three years ago and which it largely overpassed before 2018.
- The Suzuki group is making a comeback, making a significant gap with its pursuers Mercedes (ex-Daimler) and BMW, thanks to the revamp of the Indian market in which it is a leader. A revamp that also benefits to Tata Motors which returns in 2021 in the Top 15.
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