Summary of Automotive

World Industry Outlook; May 2013


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Automotive summary
When will the European car industry return to growth? It could be sooner than you might think.


7 Overall

8 Importance

7 Innovation

7 Style


The prognosis for the automotive industry seems to change yearly. After eulogies at the height of the 2008 financial crisis, stories of booming sales in many markets now dominate headlines.Vehicle manufacturing remains a complex business with differing prospects in various nations. getAbstract recommends this nuanced report, which offers a region-by-region analysis of carmakers, commercial vehicle manufacturers and component industries.

In this summary, you will learn

  • How regional economic conditions affect global vehicle manufacturers,
  • How 2017 growth prospects will shape the auto and commercial vehicle sectors, and
  • How emerging-market demand will drive the industry.


The global automotive industry will see growth of about 5% per year from 2014 to 2017. After a significant rebound in 2010, car registrations have returned to tempered levels of growth. Though Western European registrations are likely to revive in 2014, the region remains “stagnant,” with the number...
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The Economist Intelligence Unit is an independent research and analytics organization.

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