Statistics & Facts on the Global Automotive Industry

Global sales of passenger cars are forecast to hit 77.7 million vehicles in 2017. Along with China, the United States is counted among the largest automobile markets worldwide, both in terms of production and sales. About 6.9 million passenger cars were sold to U.S. customers in 2016, and around four million cars were produced here in the same year. The United States became a key automotive market in the early 1900s, when Ford introduced assembly line car production to mass-manufacture its Model T. Today, the Ford Motor Company still ranks among the leading manufacturers of passenger cars, its most popular passenger car model currently being the Ford Focus, which was also one of 2016’s best selling light vehicles worldwide. In terms of revenue, Volkswagen, Toyota and General Motors topped the list of major automobile makers in 2015, while the automotive supplier industry was dominated by Bosch, Continental, Denso and Magna.


Over the next decade, Internet-connected car technologies and autonomous vehicles are set to stir up yet another revolution in the automotive sector. In 2016, some 40 percent of U.S. respondents aged between 25 and 34 stated that they were willing to use fully autonomous vehicles, presumably because they consider autonomous vehicles to be safer than conventional cars. The global market for autonomous driving hardware components is expected to grow from 400 million U.S. dollars in 2015 to 40 billion U.S. dollars in 2030.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

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2017 projected international car sales

77.8m

Revenue of Volkswagen

$236.6bn
Automotive Industry Overview
2017 projected international car sales 77.8m 2016 worldwide production of cars 72.11m Volkswagen is second leading motor vehicle producer 9.87m units VW is the leading automobile manufacturer based on sales 10.31m Sales of passenger cars in the U.S. 6.87m How many motor vehicles did China's automobile industry sell in 2016? 28m Leading luxury car brand in terms of sales Mercedes-Benz Number of commercial vehicles in use worldwide 329.3m
Manufacturers
Revenue of Volkswagen $236.6bn Number of motor vehicles produced by Toyota worldwide 10.08m Toyota's FY 2016 revenue ¥28.4bn General Motors: FY 2016 revenue $166bn Leading automobile manufacturer in terms of sales Volkswagen AG GM's EBIT margin 7% Leading carmaker in India Maruti
Suppliers
Size of the automotive supplier market worldwide €620bn The world's largest automotive supplier Bosch Number of Bosch employees in the Americas 41,037 Continental FY 2016 revenue €40.55bn FY 2016 global number of Denso employees 151,775

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Automotive Industry Overview
2017 projected international car sales 77.8m 2016 worldwide production of cars 72.11m Volkswagen is second leading motor vehicle producer 9.87m units VW is the leading automobile manufacturer based on sales 10.31m Sales of passenger cars in the U.S. 6.87m How many motor vehicles did China's automobile industry sell in 2016? 28m Leading luxury car brand in terms of sales Mercedes-Benz Number of commercial vehicles in use worldwide 329.3m
Manufacturers
Revenue of Volkswagen $236.6bn Number of motor vehicles produced by Toyota worldwide 10.08m Toyota's FY 2016 revenue ¥28.4bn General Motors: FY 2016 revenue $166bn Leading automobile manufacturer in terms of sales Volkswagen AG GM's EBIT margin 7% Leading carmaker in India Maruti
Suppliers
Size of the automotive supplier market worldwide €620bn The world's largest automotive supplier Bosch Number of Bosch employees in the Americas 41,037 Continental FY 2016 revenue €40.55bn FY 2016 global number of Denso employees 151,775

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