Global motor vehicle production declined in 2019 and 2020 and has been slow to rebound, indicating a challenging business environment for vehicle manufacturers and parts suppliers.
Vehicle manufacturing is also undergoing structural changes, offering challenges and opportunities alike. A shift towards electrification and automation mainly drives this change, and vehicle manufacturers and parts suppliers face supply chain challenges partly caused by the coronavirus pandemic. The automotive semiconductor shortage recorded in 2021 and 2022 further disrupted the supply chain, lowering vehicle inventory and forcing some manufacturers to halt production.
Bosch is currently the world’s largest automotive supplier. The company operates over 460 subsidiaries and regional companies across some 60 countries.
The vehicle manufacturing industry comprises the production of passenger cars, commercial light vehicles, trucks, and two-wheelers. Within this sector, Statista provides information about the various technologies driving the market forward and the business activities of suppliers and original equipment manufacturers. Further data insights on vehicle components and accessories and an analysis of the automotive aftermarket are available. Statista focuses its research on the global, regional, and national levels while also providing up-to-date information on industry trends as well as supplier and manufacturer rankings.
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