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

  • Ho Chi Minh City ‘must invest in transportation system’
    November 21, 2014
    Ho Chi Minh City (HCMC) could generate economic benefits of US$1.4 billion by investing in making its transportation system more resilient in extreme weather conditions, a study released by Siemens and consulting firm Arup today shows. Siemens and the Arup prepared the study, to show how intelligent infrastructure can assist cities in addressing the increased demand and at the same time offer better protection of their transport networks against extreme weather events. Calculations based on a review o
  • TomTom banishes range anxiety
    March 16, 2021
    High-quality routing and weather information is going to be vital in persuading drivers that electric vehicles will not let them down, thinks TomTom’s Robin van den Berg
  • Over 100 micro-mobility vehicles will be launched by 2018
    April 11, 2012
    As the cost of global congestion inches towards the $1 trillion mark, key economies including Europe, North America, Japan and China amongst others prepare for a green-commute blueprint. Some 16 of the key automotive OEMs are working on more than 110 short distance vehicles, with approximately 50 models being already production ready. The remaining 60 are in concept stage, but expected to become production ready by 2020. The emergence of such micro-mobility vehicles is expected to fight congestion, ease par
  • By 2018, ASEAN will be 6th largest automotive market in the world
    August 24, 2012
    The ASEAN region is set to become the 6th biggest automotive market globally by 2018 with vehicle sales almost doubling to nearly 4.7 million units as compared to 2.4 million in 2011, according to new analysis from Frost & Sullivan. Entitled CEO 360 Degree Perspective of the Automotive Industry in ASEAN, (covering four key automotive markets in ASEAN - Indonesia, Malaysia, Thailand and Vietnam) the study finds that the market is likely to grow at a compound annual growth rate (CAGR) of 10.1 per cent (2011-2