Automobile manufacturing companies have benefited a great deal from the rising auto production in the world. According to recent figures obtained by BizVibe, global automotive production reached nearly 95 million units in 2016, of which 72.1 million units were passenger cars, and around 22.9 million units were commercial vehicles. The rankings breakdown for annual automotive production also is indicative of where the market is heading, according to the analysis.
BizVibe is home to more than 110,000 automobile companies around the world. In a recent article titled Top 20 Automobile Manufacturing Countries in 2016, BizVibe discusses the top 20 largest car producing countries across the globe. Here are some of the top automotive manufacturing countries by total number of vehicles produced last year:
- China: 28,118,794
- USA: 12,198,137
- Japan: 9,204,590
- Germany: 6,062,562
- India: 4,488,965
- South Korea: 4,228,509
- Mexico: 3,597,462
- Spain: 2,885,922
- Canada: 2,370,271
- Brazil: 2,156,356
Read the entire list of Top 20 Automobile Manufacturing Countries in 2016 on BizVibe.