Statistics
Automotive Industry Trends
The automobiles sales estimate globally to fall to 62 million units in 2020, decrease from almost 80 million units in 2017.
The global automotive industry is the most important industry segments include commercial vehicles and passenger cars.
Encouraged by global initiatives such as the Paris Agreement, several automobile companies globally are beginning to expand their business into the electric mobility sector.
Over the next decade, mobility services and autonomous vehicles are set to revolutionize the auto sector. China leads the global automotive market by 2040 with projections of autonomous vehicle sales of 14.5 million units.