Passenger car production in selected countries in Asia 2018

Passenger car production in selected countries in Asia in 2018

by Ella Zoe Doan, last edited Apr 2, 2019
Passenger car production in selected countries in Asia 2018 This statistic represents the number of passenger cars produced in selected Asian countries in 2018. In that year, approximately 3.7 million passenger vehicles were produced in South Korea, which is one of the largest automobile producing countries worldwide.
Passenger car production in Aisa

Of the 70.47 million passenger vehicles produced globally in 2018, almost 24 million units were assembled in China. Challenged by rising labor costs in their domestic markets, many European and U.S. automakers have shifted part of their production to the Asian country, which has emerged as the number one market for passenger vehicles worldwide. The main Asian markets for passenger car sales include China, Japan, South Korea, and India.

China has implemented a strong culture for joint ventures in the automotive industry: The leading car manufacturers worldwide, including General Motors, Nissan, Peugeot and Volkswagen all have joint ventures with Chinese carmakers including the Big Four Chinese auto manufacturers. SAIC Motor Corporation Limited (informally SAIC, formerly Shanghai Automotive Industry Corporation), Chang'an Automobile, FAW Group Corporation or Dongfeng Motor Corporation are counted among China’s leading motor vehicle manufacturers. Its joint venture policy has helped China become Asia’s main producer of automobiles, ahead of Japan and South Korea. Unlike China, these two countries have had strong domestic automotive sectors of their own for many decades and are home to some of the most valuable automobile manufacturers worldwide, such as Toyota, Nissan and Hyundai.
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Passenger car production in selected countries in Asia in 2018

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