Passenger Car Industry Market Research & Statistics

Global Passenger Car Industry

 

The world car manufacturing industry witnessed close to 5% expansion in 2011 to exceed $803 billion, reports MarketLine. The market is expected to reach almost $1 trillion in 2016, representing 37% expansion in five years. Volkswagen dominates the market, holding close to 13% of overall industry volume.

 

Volume-wise, the global passenger car industry is expected to reach almost 87 million units by 2017, according to research from Global Industry Analysts. The market is driven by GDP growth and rising levels of discretionary income in emerging economies leading to rising demand for luxury cars. Passenger car demand and consumer spending power are intricately linked, and government policy also plays a key role. Legislations that lead to rising fuel prices, restrict fuel usage and encourage anti-auto use to ease traffic congestion all have a direct bearing on trends in the passenger cars industry.

 

 

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Global Passenger Car Statistics

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Passenger Car Markets in the US - Forecast

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Passenger Car Markets in Europe

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The future of the Passenger Car Industry in the UK

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Passenger Car Forecast Statistics in the US and Canada

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Passenger Car Analysis in Russia

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Passenger Car market shares in India

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Passenger Car Consumption in China - Forecast

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Passenger Car Industry in Indonesia - Forecast

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