Worldwide motor vehicle production growth 2015-2023

Global motor vehicle production increased by about 10.3 percent between 2022 and 2023, showing signs of recovery after the COVID-19 pandemic severely disrupted the automotive industry. Further, global motor vehicle production output surpassed pre-pandemic values. While about 92 million motor vehicles were manufactured worldwide in 2019, some 94 million were produced in 2023. Trend of declining sales and productionThe decline in production started in 2017 as manufacturers were beginning to respond to a general slowdown in demand. While commercial vehicle sales increased between 2017 and 2019, the segment was impacted by the pandemic, sales dropping by nine percent in 2020. In 2021, the market slightly recovered with a six-percent-increase in sales year-over-year, and ultimately increased from 2022 to 2023.Industry hit heavily by the pandemicThe coronavirus pandemic has caused disruptions in major economies forcing strict lockdown measures in some regions. The standstill was first seen in China, the world’s largest producer of cars and commercial vehicles, and quickly spreading throughout the world. Globally, motor vehicle production declined by more than 15 percent year-on-year between 2019 and 2020, the largest drop in output since the 2008-09 financial crisis.

全球机动车生产在2022年至2023年间增长了约10.3%，显示出在COVID-19大流行严重扰乱汽车工业之后复苏的迹象。此外，全球机动车生产量已超过大流行前的水平。尽管2019年全球共生产了约9200万辆机动车，但2023年的产量达到了约9400万辆。销售和生产趋势的下降：自2017年起，随着制造商开始对需求的普遍放缓做出反应，生产量开始下降。尽管2017年至2019年间商用车辆的销售有所增长，但该领域受到了大流行的影响，2020年的销售额下降了9%。2021年，市场略有恢复，年销售额同比增长了6%，最终在2022年至2023年间进一步增长。行业受到大流行的严重打击：新冠病毒大流行导致主要经济体受到冲击，迫使一些地区实施严格的封锁措施。首先在中国，作为世界上最大的汽车和商用车辆生产国，出现了这种停滞，随后迅速蔓延至全球。在全球范围内，2019年至2020年间机动车生产年同比下降超过15%，这是自2008-09年金融危机以来的最大产量降幅。