Global Motor Vehicle Production and Demand – Regional Performance in the Wake of COVID-19

Overview

Executive Summary

Market Performance
During 2018 and 2019, the automobile industry witnessed slump in output and sales of vehicles. The car industry accounted for 20% of the slowdown in GDP in 2018 and about 30% of the downturn in global trade. The market was further hit strongly by the restrictions imposed owing to COVID-19 that led to double digit decline in sales. Asia continues to be the world’s largest producer, accounting for 57% of worldwide production with strong back of China.

During the first half of 2020, China motor vehicle production and sales was impacted heavily. The pandemic and lockdowns resulted in a decline of ~% in the European car industry in 2020. Sales for the full year were ~ million. Due to the vaccine rollout in the first quarter of 2021 and subsequent vaccine campaigns, the year offered favorable growth for the US automakers.

Scope of the Study
Report titled “Global Motor Vehicle Production and Demand – Regional Performance in the Wake of COVID-19” published by Makreo Research and Consulting Firm gives a detailed analysis of the industry performance considering the past and present trends with a detailed discussion of the macro-economic factors that play a major role in industry performance. The report provides a comprehensive analysis of the industry in terms of regional distribution covering North America, Europe, APAC and Latin America.

EPTD Analysis: Report provides an overview of the key economic factors, Political, Technological, and Demographic Factors which may directly or indirectly generate an impetus or prove counterincentive for the market.

COVID-19 Impact Assessment: The section helps to identify the present state of covid-19 cases and its impact in 2020 over the economy as well as automobile industry performance. The impact assessment has been carried out for all the regions in the report. 

Segments Covered: The Global motor vehicle market report studies total production of vehicles and vehicles sold over the last five years and also further segments by regions (North America, Europe, APAC and Latin America) and type of vehicles (Passenger vehicles and commercial vehicles). In terms of region, the report studies the North American market covering the US and Canada; Europe market covering Germany, Spain, and  France; Asia Pacific region by covering China, India, Japan and Latin America market by covering Brazil, Mexico, Chile, Colombia and Argentina. The report also help to understand industry performance before and after the virus outbreak. Report discusses key players performance and their positioning in the market. Market drivers and retardants have also been presented in the report. 

Competitive  Landscape: This section cover company profile and mergers and acquisitions covering key players including:
Tesla Inc; Toyota Motor Corporation; Volkswagen Group; General Motors Company (GM); Daimler AG; Honda Motor Company Ltd; BMW (Bayerishe Motoren Werke AG); Stellantis

Key Questions Answered

• How Global Motor vehicle industry has performed in the past and what is the current state of the industry?
• How North America market performed after the virus outbreak?
• What is the impact of COVID-19 over the European automobile market and countries in the region are tackling the situation?
• Which country is leading the global market in terms of production and sales?
• How China is placed in the global market?
• What impact COVID-19 left over the Asia motor vehicle production and demand?
• How Latin America is placed in the global motor vehicle industry?
• What are the key drives that are shaping up the industry and what are major challenges industry is coping with?