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One in Three Cars Worldwide Is Produced in China

beijingwalker

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One in Three Cars Worldwide Is Produced in China
CAR PRODUCTION
Almost one in three – or 32 percent – of all cars produced worldwide in 2019 came out of China. As shown in numbers by the automobile manufacturers' association OICA, the world manufactures less cars than it did in 2014, but several Asian markets actually were able to grow their production volumes.

India exhibited one of the biggest increases – almost 15 percent in five years to 3.6 million cars annually. The biggest decrease in production hit the ailing U.S. car industry, which lost 40 percent of its domestic production between 2014 and 2019.

Germany also make less cars at home, but German manufacturers like Volkswagen are a part of the rising Chinese production. In 2019, the Chinese market accounted for around 39 percent of Volkswagen's total sales. Shifting production sites are only one aspect of the internationalization of the car industry. Know-how also migrates with production, with established manufacturers entering into joint ventures with Chinese or other Asian companies, which usually include technology transfer.

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Maybe this is way cars are so cheap in China, in Xinjiang, Tibet and Inner Mongolia a horse is worth more than a car. Even in herding commnities in these regions, you may find some families don't have horses, but rarely see those who don't have cars. Families wealth is being gauged by how many cattles they own, not how many cars and houses.
 
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One in Three Cars Worldwide Is Produced in China
CAR PRODUCTION
Almost one in three – or 32 percent – of all cars produced worldwide in 2019 came out of China. As shown in numbers by the automobile manufacturers' association OICA, the world manufactures less cars than it did in 2014, but several Asian markets actually were able to grow their production volumes.

India exhibited one of the biggest increases – almost 15 percent in five years to 3.6 million cars annually. The biggest decrease in production hit the ailing U.S. car industry, which lost 40 percent of its domestic production between 2014 and 2019.

Germany also make less cars at home, but German manufacturers like Volkswagen are a part of the rising Chinese production. In 2019, the Chinese market accounted for around 39 percent of Volkswagen's total sales. Shifting production sites are only one aspect of the internationalization of the car industry. Know-how also migrates with production, with established manufacturers entering into joint ventures with Chinese or other Asian companies, which usually include technology transfer.

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My lord how did US manage to loose so many factory jobs? There are plenty of immigrants who would love to work in those factories.

Any american here who knows the reason?
 
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China also sells most passenger cars by a runaway margin in the world

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China accounted for 68.2 % of production of heavy commercial vehicles in the world

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Based on a comparison of 29 countries in 2020, China ranked the highest in production of heavy commercial vehicles with 2,976 thousand followed by Japan and USA. On the other end of the scale was Egypt with 0 thousand, Colombia with 0 thousand and Austria with 0 thousand.

Total production of heavy commercial vehicles reached 4,361 thousand in 2020 in the World according to ACEA. This is 4.79 % more than in the previous year and 2.40 % more than 10 years ago.

Historically, total production of heavy commercial vehicles reached an all time high of 4,361 thousand in 2020 and an all time low of 1,929 thousand in 1999. The average annual growth amounted to 3.96 % since 1960.

The top ranked country, China, accounted for 68.2 % of production of heavy commercial vehicles in the world. The top 3 countries hold a 82.9 % share while the ten largest countries some 95.7 % in 2020.
 
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Almost one in three – or 32 percent – of all cars produced worldwide in 2019 came out of China.
The updated data in 2020

Based on a comparison of 50 countries in 2020, China ranked the highest in production of cars as a share of worldwide production with 35.8% followed by Japan and Germany. On the other end of the scale was Australia with 0%, Bangladesh with 0% and Algeria with 0.001%.
 
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Unlike Mexico, Thailand or wherever, half of those are from Chinese car companies like SAIC, Geely, GWM, Changan, Chery, and BYD, etc. And when it comes to EVs, the number will be every 1 in 2, and mostly from Chinese companies.
 
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But supposedly the US economy, built up by fluff, derivatives and services, is supposedly larger.
 
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