The car is a primary mode of transportation for numerous developed economies. The Detroit branch of Boston Consulting Group predicted that, by 2014, one-third of world need would be in the 4 BRIC markets (Brazil, Russia, India and China). On the other hand, in the developed nations, the automotive industry has slowed. It is also expected that this trend will continue, particularly as the more youthful generations of people (in extremely urbanized nations) no longer want to own a car anymore, and choose other modes of transport.
Emerging automobile markets currently buy more cars and trucks than established markets. According to a J.D. Power research study, emerging markets accounted for 51 percent of the international light-vehicle sales in 2010. The research study, performed in 2010 expected this pattern to speed up. Nevertheless, more current reports (2012) verified the opposite; specifically that the automotive market was decreasing even in BRIC nations.
8 million systems. Production volume (1000 automobiles) 1960s: Post war increase 1970s: Oil crisis and tighter safety and emission regulation. 1990s: production started in NICs 2000s: increase of China as top producer to 1950: USA had produced more than 80% of automobile. 1950s: UK, Germany and France restarted production.
United States, Japan, Germany, France and UK produced about 80% of motor cars through the 1980s. 1990s: South Korea became a volume manufacturer. In 2004, Korea ended up being No. 5 passing France. 2000s: China increased its production dramatically, and ended up being the world's biggest producing country in 2009. 2010s: India overtakes Korea, Canada, Spain to end up being fifth biggest auto producer.
4%), India, Korea, Brazil and Mexico increased to 43%, while the share of USA (12. 7%), Japan, Germany, France and UK was up to 34%. 2018: India surpasses Germany to end up being 4th biggest auto manufacturer. World motor production (1997-2016) Year Production Change Source 1997 54,434,000 1998 52,987,000 2. 7% 1999 56,258,892 6.
8% 2001 56,304,925 3. 5% 2002 58,994,318 4. 8% 2003 60,663,225 2. 8% 2004 64,496,220 6. 3% 2005 66,482,439 3. 1% 2006 69,222,975 4. 1% 2007 73,266,061 5. 8% 2008 70,520,493 3. 7% 2009 61,791,868 12. 4% 2010 77,857,705 26. 0% 2011 79,989,155 3. 1% 2012 84,141,209 5. 3% 2013 87,300,115 3.
0 
Star