The European sold production of motor vehicles for the transport of more than 10 persons is dominated by Italy, with a significant production volume and a year-on-year increase of 35.8% from 2023. Poland also shows robust growth with a 14.6% increase, whereas France has maintained a steady increase of 10.8%. Belgium, Netherlands, Portugal, Hungary, and Finland exhibit smaller production volumes yet have positive growth trends. Hungary's production has seen a substantial growth of 70.9% over five years, reflecting its aggressive expansion in this sector.
For the future, monitor Italy's trajectory as it continues to lead production, Poland's impressive growth continuation, and potential market shifts influenced by evolving environmental regulations and technological advancements in the industry.
Top countries in Sold Production of Motor Vehicles for the Transport of More than 10 Persons by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 293,900 | 2023 | +32.75% | +216.25% | View data |
| 2 | 2 Poland | 7,310 | 2023 | +3.39% | +6.38% | View data |
| 3 | 3 France | 4,090 | 2023 | +0.27% | +3.69% | View data |
| 4 | 4 Belgium | 1,430 | 2023 | +0.14% | +0.3% | View data |
| 5 | 5 Netherlands | 1,030 | 2023 | +12.05% | +5.68% | View data |
| 6 | 6 Portugal | 957 | 2023 | +3.57% | +14.42% | View data |
| 7 | 7 Hungary | 470 | 2023 | +5.62% | +8.03% | View data |
| 8 | 8 Finland | 379 | 2023 | +7.06% | +2.38% | View data |
| 9 | 9 Spain | 194 | 2021 | View data | ||
| 10 | 10 Denmark | 18 | 2023 | -18.18% | View data |
