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Old 1st December 2022, 11:34   #1
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Congrats to India for becoming the 4th-largest car maker in the world!

2022...six years after the start of this thread (India becomes the 5th largest car maker in the world)


India Becomes Fourth-largest Carmaker in the World overtakes South Korea and Germany.

World auto production saw a significant decline in 2019, with global production decreasing more than 5% for the year.

The year 2020 continued to see a decline in automobile production because of the economic crisis that began during the COVID-19 pandemic.

A closer look at the top car-producing countries of the world, now that the economic impact of the pandemic has had somewhat of a chance to recover.

Congrats to India for becoming the 4th-largest car maker in the world!-1.jpg

Based on data from the International Organisation of Motor Vehicle Manufacturers in 2021.

Top car-producing countries of the World:

Congrats to India for becoming the 4th-largest car maker in the world!-2.jpg

1 – China

Total Commercial Vehicles and Cars Manufactured in 2021: 26,082,220

China produced the most cars and commercial vehicles, with a total of 26 million manufactured in 2021. China is well known for being the world’s biggest manufacturer of cars and its domestic production is expected to reach 35 million vehicles by the year 2025.


2 – United States

Total Commercial Vehicles and Cars Manufactured in 2021: 9,167,214

The United States produced the second-highest number of cars and commercial vehicles in 2021, with a total of 9.16 million vehicles manufactured. The General Motors Company is an American multinational automotive manufacturing company and is the largest automaker in the US.

In December 2021, President Joe Biden imposed a new executive order that states that by 2035, all new light-duty vehicles sold in the US must be 100% all-electric vehicles, to help with climate change and air pollution issues in the country.


3 – Japan

Total Commercial Vehicles and Cars Manufactured in 2021: 7,846,955

Japan is the third biggest car manufacturing country in the world, with a total of 7.8 million cars and commercial vehicles produced in 2021. In 2008, Japan’s car industry flourished, when Toyota surpassed American General Motors to become the world’s largest car manufacturer.

Japan’s market share has decreased slightly in recent years, due to new competition in South Korea, China and India. Automobile export remains the country’s most profitable industry and is a part of its recovery plan for the economic crisis of the pandemic.


The Smallest Car Building Capitals of the World:

Congrats to India for becoming the 4th-largest car maker in the world!-3.jpg

Congrats to India for becoming the 4th-largest car maker in the world!-4.jpg

1 – Serbia

Total Commercial Vehicles and Cars Manufactured in 2021: 21,263

Serbia had the smallest number of vehicles manufactured in 2021, with a total of 21,263 commercial vehicles and cars produced annually. The high point of the automotive industry in Serbia came in 1989 when Zastava produced 250,000 cars, which were exported to 70 countries all over the world, including the UK and the US. Political problems and economic sanctions imposed on the country during the 1990s halted the development of this export.

The break-up of former Yugoslavia had a huge impact on Zastava’s supply chain, leaving it with a depleted market. Since 2000, the Serbian automotive industry has rapidly re-emerged because of the privatisation process, and government support.


Countries with the highest Increase in car production:

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Congrats to India for becoming the 4th-largest car maker in the world!-6.jpg

3 – India

% change in Variation in Car Manufacturing 2020/2021: 30%

India was the country that witnessed the third highest increase in car production in 2021 compared to the previous year, at an increase of 30%. Although India’s change in variation in car manufacturing is substantially less than in Indonesia and Argentina, the automotive sector is benefiting from a host of improvements. These include global supply-chain rebalancing and government incentives to increase exports.


Countries with the biggest decrease in car production

Congrats to India for becoming the 4th-largest car maker in the world!-7.jpg

Congrats to India for becoming the 4th-largest car maker in the world!-8.jpg


1 – Slovenia

% Change in Variation in Car Manufacturing 2020/2021: -32%

Slovenia had the lowest increase in car production in 2021 compared to 2020, with a decrease in production of -32%. Slovenia’s motor vehicle production was reported at 95,797 units in Dec 2021. This records a decrease from the previous number of 141,714 units for Dec 2020.

Global car manufacturers like Renault have made plans to cut production in the country. Renault has cut production in its Revoz Slovenia unit and reduced its staff by 350 people.


2 – Canada

% Change in Variation in Car Manufacturing 2020/2021: -19%

Canada had the second biggest decrease in car production in 2021 compared to the previous year, a decrease in production of -19%. The low production numbers, down from 1.4 million in 2020 and close to two million in 2019, came as the global auto sector was hit by a shortage of semiconductor chips, caused by pandemic-related production issues and a surge in demand for electronics.


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Last edited by volkman10 : 1st December 2022 at 11:42.
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Old 1st December 2022, 11:43   #2
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re: Congrats to India for becoming the 4th-largest car maker in the world!

It'll be interesting to find out what percentage of the annual production in India is exported and how our export performance compares against that of the other countries. I don't think the numbers would look impressive. We have miles to go!
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Old 1st December 2022, 11:51   #3
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re: Congrats to India for becoming the 4th-largest car maker in the world!

Very insightful! see the difference between india and China, and do we somehow get to see the GMV of all, like numbers and values as well?. Egypt is surprising, they are 2nd or 3rd largest by population in African continent but standing with one of the lowest capacities.

Regards/DJ
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Old 2nd December 2022, 11:23   #4
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re: Congrats to India for becoming the 4th-largest car maker in the world!

Big congrats to our beloved country and its vibrant auto industry . The sheer size should remind us of how this industry is a major contributor to India's GDP, provides millions of jobs & billions of investments. I am very proud to be a petrolhead in India.

Thanks for sharing, Volkman10. It was you who had started the 5th-rank thread too!

In 2017 as well, we had become the 4th largest car maker in the world. But the gap to no.3 (Japan) is huge and hence, I think we'll have to stay satisfied with the no.4 rank for a while. Podium position is a long time away, if at all we ever see it. The average selling price of the 3 markets above us is also way, way higher than ours. South Korea @ no.5 behind us has an average car selling price of $28,000 (~23 lakh rupees) which is more than double of ours (~10 lakh rupees).
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Old 4th December 2022, 13:30   #5
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Re: Congrats to India for becoming the 4th-largest car maker in the world!

That’s a great achievement and given the size of our population and general trend of economic growth , I’m sure we will only see this going upwards. And i’m surprised to see the numbers of Chinese market, huge!

Unfortunately, the Indian export numbers will be quite low and most of these numbers are bound to be for domestic market.
The current <4m,1.5L policy is usually blamed for it. But I highly doubt that.

I feel it has more to do with two (unfortunate?) facts.

1. Suzuki dominates Indian market with almost 50% of numbers but is at best a marginal player or even non-player in most other big international markets. For example, cars with body styles like Swift, Baleno, WagonR is very popular in Europe, South America and SE Asia, but Suzuki simply do not have the brand muscle to sell these in large numbers in those markets. Had Suzuki been a bigger player internationally, most probably India would have higher export numbers.
Only viable manufacturer in India who can use India as an export base right now seems to be Hyundai which has a combination to large enough local market in India as well as a being a strong international player.

Other manufacturers either is too weak in international markets (Tata, Mahinda) or has too small local Indian operations to justify investing to make India an export hub (Honda, Skoda/VW etc)

2. India is a left hand drive market. Most large wealthy export markets (like the US, Europe, Middle East, China etc) are all right hand drive. Indian companies are hence constrained to left hand drive markets that are also sometimes cheap manufacturing auto hubs by themselves. I’m assuming it’s a not a very simple change for an assembly line to be modified to manufacture both left/right hand drive vehicles. This goes back to the first point where only Suzuki and Hyundai having large enough market cap in India to be able to justify such an investment.
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Old 4th December 2022, 18:58   #6
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Re: Congrats to India for becoming the 4th-largest car maker in the world!

Nice achievement - but it’s a real shame that the Indian auto industry, despite having a market with massive scale still demands and gets ridiculously high extortionate protection through 60% and 100% customs duties. Hopefully at least now, we abandon the infant industry argument and reduce customs tariffs to sensible levels - something in the 10-25% range.
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Old 4th December 2022, 19:04   #7
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Re: Congrats to India for becoming the 4th-largest car maker in the world!

The numbers for the US look a bit low. I thought the US produced 12-13 million PVs (cars +trucks) every year. If I remember correctly, these were the numbers few years back.
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Old 4th December 2022, 19:49   #8
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Re: Congrats to India for becoming the 4th-largest car maker in the world!

Quote:
Originally Posted by Ajay_Sensei View Post
The numbers for the US look a bit low. I thought the US produced 12-13 million PVs (cars +trucks) every year. If I remember correctly, these were the numbers few years back.
Guess the pickup trucks and large SUVs are still classified under light trucks and thus come under commercial vehicles?

That seems to be the only plausible reason for such a large commercial vehicle number while the car sales are less than even India.
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Old 4th December 2022, 22:27   #9
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Re: Congrats to India for becoming the 4th-largest car maker in the world!

Definitely a big achievement. Also do not forget to include ' With Shortest Life Span'.
Yes, if we have to scrap our Cars every 15 years, we have to produce also in greater number.
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Old 5th December 2022, 14:36   #10
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Re: Congrats to India for becoming the 4th-largest car maker in the world!

Interesting thread.

Over 83% of vehicle prod in the US is commercial! Didnt know that and seems completely unique.

Anyone have insight as to why is this?
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Old 9th January 2023, 18:48   #11
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Re: Congrats to India for becoming the 4th-largest car maker in the world!

Now Third, surpassing Japan!

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Good news to begin 2023.
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