The Strategist

Five largest carmaker countries

10/18/2018 - 15:09

More than 80 million passenger cars were produced in the world in 2017. Below we describe five countries which produce the most cars.

1. China

Vehicles manufactured in 2017: 23,554,031

Automobile production in China grew, but only slightly - by only 4.4%, in 2017. In general, production reached 23.6 million vehicles. Nevertheless, China remains leader in the production of passenger cars in the global market. This country accounts for 29% of global production.

2. EU

Vehicles manufactured in 2017: 16 957 230

Last year, the EU produced almost 17 million passenger cars. For the first time after the crisis of 2007, the European car industry reached pre-crisis levels. The European Union remained in second place in terms of passenger car production, with European countries accounting for 21% of the global total in 2017.

3. Japan

Vehicles manufactured in 2017: 8 212 033

Japanese car makers include Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru, Isuzu, Kawasaki, Yamaha and Mitsuoka. High quality Japanese cars are famous all over the world. 

4. United States

Vehicles manufactured in 2017: 8,081,623

Last year, production in the United States declined significantly, by 11.5%. The total number of cars produced exceeded 8 million, which is almost 1 million less than in 2016. General Motors, Ford Motor Company and FCA, the Big Detroit Troika, dominates the US auto industry 

5. India

Vehicles manufactured in 2017: 3,886,293

India’s automobile industry accounts for 7.1% of the country's gross domestic product (GDP). At the same time, India is an exporter of passenger cars and has strong expectations of export growth in the near future. India ousted South Korea from fifth place and became the fifth largest car manufacturer in the world.