Changes in worldwide vehicle production by region 2016-2023
Motor vehicle production increased in all regions in 2023. The growth rate of motor vehicle production in Europe reached 13 percent compared to the previous year. In contrast, the production value of the motor vehicle manufacturing industry in the Commonwealth of Independent Stats increased by 23 percent compared to the 2022 level. In 2023, the global production of passenger cars increased by over six million units compared with 2022.
