In 2023, some 94 million motor vehicles were produced worldwide. This figure translates into an increase of around 10 percent compared with the previous year. China, Japan, and Germany were among the largest producers of cars and commercial vehicles.
China leads production
China is ranked as the largest passenger car manufacturer in the world, having produced more than 26 million cars in 2023, and accounting for almost one third of the world’s passenger vehicle production. Over the past decades, China has emerged as one of the main growth markets for players in the global automobile industry.
American manufacturers in China
One of China’s largest car manufacturing companies is the joint venture between General Motors and SAIC Motor Corporation Limited, known as Shanghai General Motors Company Ltd or simply Shanghai GM. GM produces and sells passenger vehicles under the Chevrolet and Cadillac brands, among others. Aside from manufacturing cars, the company also produces engines and transmission systems. Shanghai GM’s production amounted to a little over 1.3 million units in 2021.
Estimated worldwide motor vehicle production from 2000 to 2023
(in million vehicles)
Characteristic
Automobile production in million vehicles
2023
94
2022
85
2021
80
2020
78
2019
92
2018
97
2017
97
2016
95
2015
91
2014
90
2013
87
2012
84
2011
80
2010
77
2009
62
2008
71
2007
73
2006
69
2005
67
2004
65
2003
61
2002
59
2001
56
2000
58
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OICA. (March 25, 2024). Estimated worldwide motor vehicle production from 2000 to 2023 (in million vehicles) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/262747/worldwide-automobile-production-since-2000/
OICA. "Estimated worldwide motor vehicle production from 2000 to 2023 (in million vehicles)." Chart. March 25, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/262747/worldwide-automobile-production-since-2000/
OICA. (2024). Estimated worldwide motor vehicle production from 2000 to 2023 (in million vehicles). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/262747/worldwide-automobile-production-since-2000/
OICA. "Estimated Worldwide Motor Vehicle Production from 2000 to 2023 (in Million Vehicles)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/262747/worldwide-automobile-production-since-2000/
OICA, Estimated worldwide motor vehicle production from 2000 to 2023 (in million vehicles) Statista, https://www.statista.com/statistics/262747/worldwide-automobile-production-since-2000/ (last visited September 01, 2024)
Estimated worldwide motor vehicle production from 2000 to 2023 (in million vehicles) [Graph], OICA, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/262747/worldwide-automobile-production-since-2000/