In 2024, Lithuania led the European Automotive Production Index with a significant value, followed by Bulgaria and Poland. Notably, Lithuania and Bulgaria showed remarkable year-on-year increases by 18.69% and 10.32%, respectively. Poland and other Central European countries like Romania and the Czech Republic maintained moderate growth. In contrast, major automotive hubs like Germany, France, and Italy experienced declines, reflecting broader challenges in Western Europe.
Future trends to watch include the emerging Central European countries gaining production share, potentially due to strategic shifts in manufacturing, labor advantages, and innovation. Meanwhile, Western Europe's struggle to regain its previous momentum is likely to continue amid economic and regulatory challenges.
Top countries in Automotive Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 318.5 | 2022 | +27.15% | +18.69% | View data |
| 2 | 2 Bulgaria | 184.8 | 2022 | +21.18% | +10.32% | View data |
| 3 | 3 Poland | 144.6 | 2022 | +16.61% | +4.93% | View data |
| 4 | 4 Romania | 127.8 | 2022 | +0.79% | +0.49% | View data |
| 5 | 5 Czech Republic | 126 | 2022 | +9.57% | +1.12% | View data |
| 6 | 6 Austria | 120.9 | 2022 | +3.6% | +2.13% | View data |
| 7 | 7 Sweden | 117.5 | 2022 | -3.13% | -0.94% | View data |
| 8 | 8 Netherlands | 113.2 | 2022 | +3.85% | -0.91% | View data |
| 9 | 9 Hungary | 111.6 | 2022 | +13.41% | +1.58% | View data |
| 10 | 10 Switzerland | 110 | 2022 | +4.17% | +2.42% | View data |
