2011 global car production at new all-time record with 80.5 millions

China with 18.4 million produced the 22.9% of total, with an increase limited at 6%, the lowest in more than a decade. Comparing with 2008 data, China increased production by 98%, in line with domestic market boom. China export was 0.8 million last year.

USA was the leader market until 2004, when Japan and. later, China surpassed it. Last year, US came back in 2nd position at 8.6 million, thanks to a 11.5% increase, while Japan was falling down by 12.7, as consequence of tsunami event suffered in March. Production record for US at 12.1 million was achieved in 2003, but 2011 represented a good step in the recovery process. Do not forget how US production felt to only 5.7 million in the 2009!

Japan is 3rd global car producer, only because of production shortage suffered between March and August. In January 2012 the Japanese Government has introduced a strong support program in favor of the sector and we forecast a 2012 production output above 9.5 million vehicles, able to move Japan back on second global place.

In spite the European Domestic market was flat last year and production was reduced in all the others Western European countries, in the 2011 Germany achieved its new all-time record production with over 6.3 million units.

The 5th global producer is South Korea, with over 4.6 million, 9% over previous year, new record level. This country is producing 3 times more vehicles respect the domestic market volume.

India is 6th at 3.9 millions, 11.3 up on previous year. With a 68% increase over 2008 level, India has been the 2nd growing performer in the period 2008-2011.

Below the Top 25 countries ranking:

 

Cars

LCV

Total

Weight %

Change %

Change on ’08

 

Total

60.285.704

20.264.473

80.550.177

100,0%

2,4%

13,1%

1

China

14.485.326

3.933.550

18.418.876

22,9%

6,0%

98,1%

2

USA

2.966.133

5.687.427

8.653.560

10,7%

11,5%

-0,5%

3

Japan

7.158.525

1.240.129

8.398.654

10,4%

-12,7%

-27,4%

4

Germany

5.871.918

439.000

6.310.918

7,8%

6,9%

4,4%

5

South Korea

4.221.617

435.000

4.656.617

5,8%

9,0%

21,7%

6

India

3.053.871

883.000

3.936.871

4,9%

11,3%

68,8%

7

Brazil

2.534.534

872.000

3.406.534

4,2%

-6,6%

6,0%

8

Mexico

1.657.080

1.022.957

2.680.037

3,3%

14,3%

23,6%

9

Spain

1.819.453

534.000

2.353.453

2,9%

-1,4%

-7,4%

10

France

1.931.030

364.000

2.295.030

2,8%

3,1%

-10,7%

11

Canada

990.000

1.144.410

2.134.410

2,6%

3,1%

2,6%

12

Russia

1.738.163

250.000

1.988.163

2,5%

41,7%

11,1%

13

Iran

1.413.276

235.000

1.648.276

2,0%

3,1%

56,8%

14

Thailand

550.000

929.000

1.479.000

1,8%

-10,0%

6,2%

15

UK

1.343.810

120.000

1.463.810

1,8%

5,1%

-11,3%

16

Czech Rep.

1.191.968

8.000

1.199.968

1,5%

11,5%

26,8%

17

Turkey

640.000

549.000

1.189.000

1,5%

8,7%

3,8%

18

Indonesia

562.000

276.000

838.000

1,0%

18,9%

39,7%

19

Poland

740.000

97.000

837.000

1,0%

-3,7%

-11,5%

20

Argentina

577.000

252.000

829.000

1,0%

15,7%

38,9%

21

Italy

486.000

305.000

791.000

1,0%

-7,7%

-22,8%

22

Slovakia

640.000

0

640.000

0,8%

14,9%

11,1%

23

Belgium

562.000

0

562.000

0,7%

66,1%

-22,4%

24

Malaysia

496.000

44.000

540.000

0,7%

-4,9%

1,9%

25

South Africa

312.000

220.000

532.000

0,7%

12,8%

-5,3%

In the next table we compare full year 2011 final data for registrations and production, in the Top 25 countries.

Japan, Germany, Spain and Canada are the only countries with high labor cost, still able to heavily export. Canada thanks to Nafta agreement is exporting in US. Spain until few years ago was the “low cost” country in Western Europe. Now Spain risks loosing production in favor of East Europe and North African locations, also considering the drop of internal demand.

Global Registrations

 

Global Production

 

 

 

 

 

 

 

Rank

Total

74.930.000

 

Rank

Total

80.550.177

1

China

18.127.503

1

China

18.418.876

2

US

12.775.083

2

USA

8.653.560

3

Japan

4.092.279

3

Japan

8.398.654

4

Brazil

3.425.670

4

Germany

6.310.918

5

Germany

3.396.165

5

South Korea

4.656.617

6

India

2.716.317

6

India

3.936.871

7

Russia

2.652.443

7

Brazil

3.406.534

8

France

2.631.281

8

Mexico

2.680.037

9

UK

2.201.449

9

Spain

2.353.453

10

Italy

1.912.298

10

France

2.295.030

11

Canada

1.585.481

11

Canada

2.134.410

12

South Korea

1.495.592

12

Russia

1.988.163

13

Iran

1.121.670

13

Iran

1.648.276

14

Australia

1.008.442

14

Thailand

1.479.000

15

Spain

912.422

15

UK

1.463.810

16

Mexico

905.886

16

Czech Rep.

1.199.968

17

Turkey

872.898

17

Turkey

1.189.000

18

Argentina

844.432

18

Indonesia

838.000

19

Thailand

791.901

19

Poland

837.000

20

Indonesia

773.376

20

Argentina

829.000

22

Belgium

633.000

21

Italy

791.000

21

Nederland

617.336

22

Slovakia

640.000

23

Malaysia

574.778

23

Belgium

562.000

24

South Africa

550.000

24

Malaysia

540.000

25

Saudi Arab

494.000

25

South Africa

532.000

 

Just a final consideration: if last year light vehicles produced were 80.5 million and vehicles sold to final customers were 75 million, the system created 5.5 million extra Global Stock. In US Dollar, the extra stock value exceeds  $80 billion. Why?

 

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