Light vehicle production by country
Globally, 2017 saw an increase in passenger car production of 1.5 percent. India is on the verge of becoming a major producer of passenger vehicles: The quantity of vehicles produced in India increased from 3,707,348 units in 2016 to about 3,952,550 million units in 2017.
Despite not having a strong automobile sector of its own, China remained the top light vehicle producing country in 2017. Domestic manufacturers such as Dongfeng, SAIC, FAW (First Automotive Works) and BAIC - which is now in a joint-venture with Daimler - are gaining market share, but joint ventures with foreign partners are still key to China’s success as a motor vehicle producer, both in the passenger car and the truck segment. Japan, Germany, India, and South Korea completed the list of the world’s largest five car producers. Most of these countries are home to the major manufacturers of passenger vehicles. The leading car manufacturers worldwide include US-based General Motors and Ford, Germany’s Volkswagen Group, as well as the Japanese automakers Toyota Motor Corporation and Nissan.