Skip to main content

New report on rising global vehicle production

New research conducted by the Worldwatch Institute for its Vital Signs Online service indicates that production of passenger vehicles (cars and light trucks) rose from 74.4 million in 2010 to 76.8 million in 2011, and 2012 may bring an all-time high of 80 million or more vehicles. Global sales of passenger vehicles increased from 75.4 million to 78.6 million over the same period, with a projected 81.8 million in 2012. The major driver of increased production and sales are the so-called emerging economies, e
September 12, 2012 Read time: 2 mins
New research conducted by the 6560 Worldwatch Institute for its Vital Signs Online service indicates that production of passenger vehicles (cars and light trucks) rose from 74.4 million in 2010 to 76.8 million in 2011, and 2012 may bring an all-time high of 80 million or more vehicles. Global sales of passenger vehicles increased from 75.4 million to 78.6 million over the same period, with a projected 81.8 million in 2012. The major driver of increased production and sales are the so-called emerging economies, especially China.
 
The report estimates that 691 million passenger cars were on the world's roads in 2011. When both light and heavy-duty trucks are included, the number rises to 979 million vehicles, 30 million more than just a year earlier. By the end of 2012, the global fleet could top 1 billion vehicles, one for every seven people on the planet.
 
Although several countries have issued targets for future electric vehicle (EV) fleets, production remains at barely perceptible levels and it remains to be seen whether these goals can be met.  China, for instance, wants to put five million plug-in hybrid-electric and fully electric vehicles on its roads by 2020----which could account for more than 40 percent of the global EV fleet that year. An analysis by Deutsche Bank Climate Advisors, however, suggests that production of 1.1 million EVs and a fleet of 3.5 million in China is a more realistic projection.
 
"Automobiles are major contributors to air pollution and greenhouse gas emissions," said Worldwatch Senior Researcher Michael Renner. "Greater fuel efficiency, along with the use of cleaner fuels, can help mitigate these impacts, although increases in the numbers of cars and the distances driven threaten to overwhelm fuel economy advances."

For more information on companies in this article

Related Content

  • Global powertrain market experience immense growth, say researchers
    April 21, 2017
    The latest report from Frost & Sullivan indicates that the global powertrain market is experiencing immense growth as new low-emission technologies such as engine downsizing and rightsizing; direct injection; turbocharging; transmission electrification; and electric vehicle (EV), hybrid and gasoline engines transform the industry. Original equipment manufacturers (OEMs) are embracing platform strategy as a tool to improve the energy efficiency of powertrain systems and to achieve fleet level CO2 compliance
  • The trend in digital instrument displays
    March 23, 2012
    Innovative instrument clusters and head-up displays are becoming increasingly popular amongst OEMs and customers alike, according to IMS Research’s new automotive study, “The World Market for Automotive OEM Electronic Systems – 2011 Edition.”
  • Study shows lifetime cost of EVs is comparable to conventional vehicles
    June 17, 2013
    Consumers who purchase an electric vehicle will find that costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the US Electric Power Research Institute (EPRI). The study compares the Chevrolet Volt and Nissan Leaf with petrol-fueled cars that reflect average costs for different makes and models. Nissan lowered the price of the Leaf by about US$6,000 in January. It looks at several factors, including petrol and power prices, incentives, financi
  • US motor vehicle deaths drop slightly in first half of 2017, but remain higher than two years ago
    August 17, 2017
    Preliminary estimates from the National Safety Council indicate motor vehicle deaths in the first six months of 2017 are one per cent lower than they were during the same six-month period in 2016. However, it says the country is fresh off the steepest estimated two-year increase in motor vehicle deaths since 1964 and it is too early to conclude whether the upward trend is over. The estimated deaths during the first six months of 2017 still are eight per cent higher than the 2015 six-month estimates, and the