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Home » Keywords » China auto industry

Items Tagged with 'China auto industry'

ARTICLES

Automotive 2 14

Global Vehicle Production to Increase by 21 Million Units by 2021; China to Account for Half

May 12, 2014
IHS Automotive
Global automobile production will increase by 21 million units by 2021, and has grown by 25 million units since 2009 as the industry continues to recover from the impact of the global economic recession, according to a forecast by IHS Automotive, part of IHS Inc. China will dominate, but there is a considerable upside attached to the North American industry as it attracts foreign investment, and in the European industry as its domestic markets climb back. Japanese and South Korean production will decline as local OEMs focus their efforts overseas.
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