In the year 2010, the global automotive market dynamics have changed largely. And 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.
Lets take a look at the top twenty largest car manufacturers in the world. Here is the second part of the 'World's 20 largest producers of cars series:
Who would believe it, but yes, Canada was the 7th largest maker of cars till a few years ago. But the rise of certain forces such as India, and Brazil has pushed Canada to the 11th position in the global ranking. Canada manufactured just a little more than a million units, 1,489,651 units to be more precise, of vehicles in 2009.After oil and gas, the automobile industry is the most vibrant in Iran. By manufacturing 1,395,421 units of cars, Iran became the world's 12th largest producer of cars in 2009. The oil-rich country boasts of many car firms, namely Iran Khodro, Saipa, Bahman Group, Kerman Motors, Kish Khodro, Raniran, Traktorsazi, and Shahab Khodro.
Home to some of the most premium car brands like Jaguar Land Rover and Aston Martin, United Kingdom is the 13th largest automobile manufacturer in the world. The UK market is predominantly export oriented, and employs close to a million people. In the year 2009, the country produced 1,090,139 cars. Some of the biggest car makers in Britain include Land Rover, MINI, Nissan, Toyota and Honda.
With a total automobile production of almost a million units in 2009, the Czech Republic is the 14th largest car maker in the world. In the year 2009, the country manufactured 974,569 automobiles. Some of the major car makers in the Czech Republic are Skoda, Daewoo Avia, and Tatra. Praga is another Czech brand that is immensely popular among the masses. Apart from these, Czech Republic has Ford, Volkswagen, Renault, Hyundai, Kia, Fiat, Toyota, BMW, Chevrolet, Tatra, Volvo, Audi, etc all vying for the market.
Thailand manufactured 968,305 cars in the year 2009, which makes it the world's 15th largest manufacturer of cars. The country is well supported by a hard-work ethic, steady investment and generous government incentives. And Thailands automotive industry is all set for an accelerated growth. Almost 300,000 people are employed in the Thailand auto industry, which is considered as one of the biggest manufacturing sectors in the country.
The Poland automobile industry produced 879,186 units of vehicles, which elevated it to become the world's 16th largest car maker. Poland is one of the best countries to offer localization options to automotive components makers. Many of the big shot names in the automobile industry are attracted to the skilled labour and low costs offered by Poland. Car majors like: Toyota, Isuzu, Volkswagen, MAN, Volvo, General Motors, Fiat, etc have a big manufacturing base in Poland. The country is a huge manufacturer of auto components that are used by Mercedes, Nissan, Porsche, Citroen, Honda, Peugeot, Volvo, BMW, Rolls-Royce, Lamborghini and Ferrari, etc.
Turkey, which is home to some of the major global car makers such as Fiat and GM, manufactured 869,605 cars in 2009. Turkey is currently the world's 17th largest car maker.
Surprisingly, Italy, which is one of the global powerhouses of automobiles, is actually the world's 18th largest producer of cars. Italy is home to some of the most legendary brands such as Fiat, Alfa Romeo, Maserati, Ferrari and Lamborghini. The country produced 843,239 cars in the year 2009.
Russia manufactured 722,431 cars in 2009, and became the world's 19th largest producer of automobiles. The home-grown Russian car makers Avtovaz, Gaz, Lada Kalina, Pobeda, Kamaz, ZIL, are facing very stiff competition from the global car makers. Foreign cars now sell more in Russia than domestic brands do.
Belgium manufactured 522,810 automobiles in 2009, which makes it the world's 20th largest maker of cars. Belgium's car sales have seen a very consistent rise over the last few months. Much like the French and the Italian markets, the Belgian market, too, showed excellent growth rates after the recessionary winds created havocs.
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