Worldwide Automobile Production Without China Has Been Stagnating for Eight Years - New Quest Report

BOCHUM, Germany - Aug. 30, 2016 - PRLog -- After the last but one world economic crisis, 2000/2001, car production in the world and, in particular, in China developed still essentially in parallel.

It was the last world economic crisis that made China the leading automobile country. While worldwide automobile production plunged by 15% in 2008 and 2009, it bounced back by 85% in China.

Since then, China has become the number one automobile country with a world market share of 27% (2015), which is larger than those of the USA and Japan together.

At a glance, the world's automobile production after the world economic crisis shows a continuous growth. The report divides this growth into two parts, i.e., world automobile production with China and without China.

The result is remarkable. From 2008 to 2015, world automobile production with China grew altogether by 24%, i.e., with a yearly average growth of 2.7%.

Without China, however, world car production grew altogether only by 3%, a yearly average of 0.3%. That means the world's automobile production without China has been stagnating in the last eight years.

This report is available on http://www.quest-trendmagazine.com/en/automobile-industry/china/market-share-of-china-at-global-automobile-production.html.