China expected to dominate future global vehicle production
Global vehicle production would increase by 23% over the next six years, with China remaining the primary driver of that growth over the next four years, a report released earlier this month by automotive data analysts WardsAuto and Auto-motiveCompass indicated.
The US would remain the second-biggest producer in the world as North America con- tinued to gain traction in the automotive industry.
The report highlighted the China-led Asia-Pacific region’s increasing dominance, especially through 2016, when production in China alone would climb to 26-million units – a 7.5-million unit increase from 2012.
By comparison, production in the US was projected to increase by 1.3-million units by 2016, while production in the third-highest producing country, Japan, was forecast to decline by 875 000 units over four years as capa-city continued to shift to other locations.
In the same period, India would surge ahead of South Korea and Germany to rank fourth among vehicle-producing countries.
The outlook also stated that manufacturer Volkswagen would lay claim to the top-produced platform in the world by 2015 as its modular transverse matrix architecture – which would spawn several small- and midsize cars and cross-utility vehicles – should end a three-year reign by Toyota’s midsize car platform, which started last year and was expected to continue through 2014.
The forecast called for auto-makers to consolidate the number of platforms underpinning their vehicles, while increasing the percentage of cars and trucks that relied on smaller engines.
It expected a continued shift to smaller engines as production of vehicles with engines of four cylinders or less rose from 82% of the total in 2012 to 85% in 2018.
The North American pro- duction of vehicles with engines of four cylinders or less would increase from 47% of the region’s total in 2012 to 55% in 2018, the forecast indicated.
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