Worldwide automobile production without China has been stagnating for eight years - new Quest report
The new report about the development of the world automobile production makes the substantial influence visible China play for this market / The report enables a realistic view of the world automobile production's future
It was the last world economic crisis that made China to the leading automobile country. While the automobile production worldwide plunged by 15% in 2008 and 2009 it bounced by 85% in China.
Since then China is the automobile country number one with a world market share of 27% (2015) being larger than that of the USA and Japan together.
The first view on the world automobile production after the world economic crisis shows a continuous growth. The report divides this growth into two factors, i.e. world automobile production with China and without China.
The result is remarkable. The World automobile production with China grew altogether by 24% from 2008 to 2015, 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 stagnated in the last eight years.
This report is available on http://www.quest-trendmagazine.com/...
About Quest Trend Magazine
Quest Trend Magazine publishes trends in automation from the users's point of view mainly in machinery industry, automotive and F&B industry. The economic backdrop of these trends are highlighted as well.
The trends are based on market surveys by Quest TechnoMarketing, Bochum, London, specialized in market surveys and marketing for the automation technology for more than 20 years and the publisher of the Quest Trend Magazine in English and German language.
The economic backdrop is analyzed by Quest Research, a department of Quest TechnoMarketing.