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That’s the message from latest VDA figures showing that China, helped in no small measure by EU Europe and North America prevented last year’s global car production engine from stalling
Global production of passenger cars in 2016 may have kept pace with world-wide demand, but last year’s turnout from the various car production regions was decidedly mixed, with
VDA figures showing a wider than usual divergence in the fortunes of last year’s leaders and laggards
The outstanding feature of last year’s global car production scene is that China’s 18 per cent surge to 23.8 million produced cars almost single-handedly propped up last year’s global car production.
Without China’s big numbers, last year’s global car production rose by just 1.4 per cent.
But that’s not all to last year’s deeply revealing global car production trends.
If, apart from China, last year’s recovering EU car production is also taken out of the reckoning, global car production in 2016 remained stuck at largely unchanged 42.4m units.
Evidence, if any were needed that China, helped in no small matter by recovering Europe and North America has kept last year’s car production machine firing on all
cylinders...more
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