Part One - World's 20 largest producers of cars

In the year 2010, the global automotive market dynamics have changed largely. In addition, the rise of the Chinese and the Indian market above many other countries in the world could not have been more obvious. While China became the largest producer of cars in the world, Indias status in the market has also been elevated to number seven in the race for the worlds largest automotive producers.

According to the third BRIC (Brazil, Russia, India, and China) report by investment banking firm Goldman Sachs, by 2050, India is estimated to have the largest number of cars in the world -- 611 million to be precise.

Let us look at the top twenty largest car manufacturers in the world. Enjoy the first part of the article:

China is currently the largest manufacturer of vehicles in the whole world. It was in November 2009 that China surpassed Japan to become the largest automobile market on earth. In 2009, China manufactured 13,790,994 units of vehicles that included all sorts of sedans, sport utility vehicles, multi-purpose vehicles, small cars, buses, trucks, etc. Almost half of the vehicles manufactured in China are by the well-known domestic companies such as BYD, Geely, Chery, Roewe, Martin Motors and Lifan. The rest of them are manufactured in joint ventures that the local companies have with international carmakers like General Motors, Hyundai, Nissan, Volkswagen, Honda and Toyota among others.
Close to the Chinese, it is the Japanese automotive industry that comes second largest vehicle manufacturer in the world. Japan produced a total of 7,934,516 units of automobiles in 2009. Japan, until 2009, was the world's leading carmaker before China overtook it. Japan boasts of being home to some of the best carmakers such as Suzuki, Toyota, Honda, Nissan, Mazda, Mitsubishi, Subaru, Isuzu and Kawasaki.
In 2009, United States of America manufactured 5,711,823 vehicles, which placed it at the third position in world's largest car producer list. Americas automotive structure is based on the Big Three of Detroit including General Motors, Ford Motors and Chrysler. The largest foreign carmakers in the United States market are Toyota and Honda.
Germany, with a total vehicle production of 5,209,857 units, stands at the fourth position in the worlds largest carmakers list. Home to some of the finest luxury carmakers, such as Mercedes Benz, Daimler, Audi and BMW, German cars have always been the most desirable cars of all. The extraordinary auto engineering and build quality of German cars have wowed the audience the world over.
With a total production volume of 3,512,916 units in 2009, South Korea boasts of having the fifth largest automotive industry in the world. South Korea is home to Hyundai, Kia and Ssangyong Motors, which was recently bought by Indian car major Mahindra & Mahindra.
Brazil emerges as the world's sixth largest producers of cars. The country produced 3,182,617 cars in 2009. Some of the worlds best carmakers such as Toyota, GM, Ford, Fiat, and Mercedes Benz set their shops in Brazil a long time ago, and now are the leaders. This has resulted in the foreign countries grabbing the lions share, while the countrys only carmaker, Troller, trying its best to make a name for itself.
India, with an annual production of about 2,632,694 cars in 2009, is currently proudly perched at number seven in the list of worlds largest vehicle producing nations. And not only that, India did it almost six years ahead of the projected time. The Indian automobile industry also happens to be one of the fastest growing markets globally. India plans to become the small car hub of the world, which does not seem like a farfetched dream considering the global carmakers love for the Indian market. Currently, Japan is the biggest maker of compact cars, a majority of which is consumed domestically. Last year, India dethroned Brazil to become the second largest manufacturer of small cars.
Just below India, Spain is the world's eighth largest producer of vehicles. In 2009, the country manufactured 2,170,078 cars, which accounted for almost 4 per cent of the nation's GDP. The automobile sector in Spain also provides employment to over 9 per cent of the working population. Some of the Spanish carmakers include Abadal, Authi Car Company, Barreiros, Biscuter, Elizalde, Empresa Nacional de Autocamiones S.A., Eucort, Hispano-Suiza, etc. Apart from these, most other top global brands too have a big market in the country.
By manufacturing 2,049,762 cars in 2009, France became the world's ninth largest carmaker. The French automotive market is mostly dominated by domestic car manufacturers like Renault, Peugeot and Citroen, which account for over 60 per cent of the total automobile sales in the country. France, however, does not offer a lot of variety in terms of number of manufacturers like other European countries such as Germany and Spain.
With a total vehicle production of 1,557,290 cars in 2009, Mexico is the 10th largest carmaker in the world. Mexico which has a strong automotive consumer base, has proved to be one of the most attractive investment destinations for many global carmakers such as BMW, Volkswagen, Chrysler, Fiat, Ford, GM, Jaguar Land Rover, Peugeot Renault, Nissan, Suzuki, Toyota, Honda, and Volvo.
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