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2021 could see more than 100 million cars produced annually


IHS Automotive boldly predicts that by 2021, global production of cars would surpass the coveted 100 million mark, up from 85 million predicted for 2014. Back in 2009, with the worldwide financial crisis in full swing, annual car production reached 61.8 million vehicles, a 12.4% decrease over the numbers of 2008 – but since then the automotive industry has recuperated a ...
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More emerging markets articles

Volkswagen ready to start development on affordable car concept
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Renault-Nissan Alliance posts record 2012 sales
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BMW, Mercedes-Benz and Audi to launch hatchbacks in India
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