China Accounted For About a Third of Global Car Production in 2023 🚗

What We're Showing

The share of motor vehicles produced by the top 30 countries in 2023.

Figures come from the International Organization of Motor Vehicle Manufacturers, and includes both passenger and commercial vehicles.

Key Takeaways

• China dominated global car production in 2023 with a massive 32.3% share, reflecting its burgeoning electric vehicle industry and growing influence in the automotive sector.
• The U.S. ranks second with 11.3%. Elon Musk's Tesla is currently the most valuable automaker in the world, with a market cap of nearly $1.4 trillion.
• Japan ranks third at 9.6% of global car production, bolstered by legacy carmakers like Toyota and Honda.