Vehicle Manufacturing

Global motor vehicle production declined by almost 23 percent year-on-year during the third quarter of 2020, indicating a difficult business environment for vehicle manufacturers and parts suppliers. Vehicle manufacturing is currently undergoing structural changes, offering challenges and opportunities alike. Change is mainly driven by a shift towards electrification and automation, and vehicle manufacturers and parts suppliers are faced with supply chain challenges, in parts caused by the coronavirus pandemic. Bosch is currently the world’s largest automotive supplier. The company operates about 440 subsidiaries and regional companies across some 60 countries.

Reduction in motor vehicle production worldwide
23%
Leading motor vehicle production market
China
Leading motor vehicle segment
Passenger vehicles

Industry Insights

Manufacturing: Automotive Industry – global 2020

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Industry Definition

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, as well as the business activities of suppliers and original equipment manufacturers. Also available is information about components and accessories, as well as the automotive aftermarket. Data on a global, regional, and country scale is available. All of the information is complemented with supplier rankings.

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