World car production rose by 66% between 2000 and 2017. This rapid growth is helping to hide the structural changes in the course of global industrial production - a finding that another Quest Trend Report has examined and substantiated.
In these seventeen years, China's share of world car production has increased by a factor of 7.5!
The Quest Trend Report divides the development of world car production into car production in China and world car production excluding China from 2007 to 2017. The result is sobering.
In the ten years from 2007 to 2017, world car production excluding China grew by only 6% overall, on average by 0.6% per year. With China, however, world car production from 2007 to 2017 grew by 32% overall, an average of 2.8% per year.
The Quest Trend Report states that the structural changes suchas longer period of time to overcome the crisis again emerged. This is because world car production without China could only slightly exceed its pre-crisis level in 2012, four years after the outbreak of the crisis (100.9 index points).
The trend report is available on https://www.quest-trendmagazine.com/en/automobile-industry/china/market-share-of-china-at-global-automobile-production.html
Further trend reports highlight the structural changes in the course of global industrial production since 2000 on https://www.quest-trendmagazine.com/en/global-economy/outlook/structural-changes.html and the long-term development of industrial production in China from 2000 to 2017 on https://www.quest-trendmagazine.com/en/global-economy/china/industrial-production.html
In these seventeen years, China's share of world car production has increased by a factor of 7.5!
The Quest Trend Report divides the development of world car production into car production in China and world car production excluding China from 2007 to 2017. The result is sobering.
In the ten years from 2007 to 2017, world car production excluding China grew by only 6% overall, on average by 0.6% per year. With China, however, world car production from 2007 to 2017 grew by 32% overall, an average of 2.8% per year.
The Quest Trend Report states that the structural changes suchas longer period of time to overcome the crisis again emerged. This is because world car production without China could only slightly exceed its pre-crisis level in 2012, four years after the outbreak of the crisis (100.9 index points).
The trend report is available on https://www.quest-trendmagazine.com/en/automobile-industry/china/market-share-of-china-at-global-automobile-production.html
Further trend reports highlight the structural changes in the course of global industrial production since 2000 on https://www.quest-trendmagazine.com/en/global-economy/outlook/structural-changes.html and the long-term development of industrial production in China from 2000 to 2017 on https://www.quest-trendmagazine.com/en/global-economy/china/industrial-production.html
