Worldwide Automobile Production Without China Has Been Stagnating for Eight Years - New Quest Report

The new report makes the influence visible China exerts on the development of the world automobile production. The report enables a realistic view on the future of the world automobile production. End Quote

(1888PressRelease) August 31, 2016 - After the last but one world economic crisis 2000/2001 the car production in the world and in particular in China developed still essentially in parallel.

It was the last world economic crisis that made China to the leading automobile country. While the worldwide automobile production plunged by 15% in 2008 and 2009 it bounced by 85% in China.

Since then China has become the automobile country number one with a world market share of 27% (2015), which is larger than those of the USA and Japan together.

At a glance the world automobile production after the world economic crisis shows a continuous growth. The report divides this growth into two parts, i.e. world automobile production with China and without China.

The result is remarkable. From 2008 to 2015 the world automobile production with China grew altogether by 24%, i.e. with a yearly average growth of 2.7%.

Without China, however, the world car production grew altogether only by 3%, a yearly average of 0.3%. That means the world automobile production without China has been stagnating in the last eight years.

This report is available on http://www.quest-trendmagazine.com/en/automobile-industry/china/market-share-of-china-at-global-automobile-production.html

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