Global vehicle production forecast 2025 & 2030

It is expected that 110 million vehicles will be produced by 2025. Asia has become the hottest market in terms of passenger vehicle production.

Global vehicle production

In China, the province of Qinghai is expected to become a major producer of passenger cars, offsetting trailing growth in more mature markets such as Beijing and Shanghai. In light of growing population levels and increasing affluence in emerging markets, global automobile production is projected to exceed the 100 million units mark soon. That said, light vehicle sales hit a slump in 2019 and have not yet recovered.

New cars have become cleaner and smarter recently. Carbon dioxide emission limits for new motor vehicles likely caused automakers and suppliers to build more efficient engines or make a shift towards alternative powertrain technologies. Electric and autonomous vehicles could become the norm by 2030. In a global survey, almost 60 percent of respondents claimed to experience a feeling of anticipation regarding fully autonomous vehicles.

Global vehicle production forecast between 2025 and 2030

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Sources

Release date

January 2019

Region

Worldwide

Survey time period

as of January 15, 2019

Supplementary notes

All figures are projections.

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Statistics on "Automobile manufacturing industry in China"

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