What is the total size of the world's automotive industry?


According to the latest statistics from the World Association of Automobile Manufacturers (OICA), in 2003, the global total vehicle ownership (that is, the total number of cars and commercial vehicles put into use and operation today) has reached 850 million, of which 60 million are Newly manufactured and put into use for a year (total vehicle production is 42 million vehicles), which is an increase of 3% compared with 2002. In 2003, the total number of employees in the global automotive industry was 10 million, total sales (business) income was 1.5 trillion euros, and the total investment amount was 60 billion euros. The annual taxes and fees of World Motors amount to approximately 400 billion euros. According to OICA's forecast, in 2004, the growth of global car production is expected to reach 3%, and the increase in the output of trucks will be higher, at about 5%, and the total sales volume in the world auto market will be expanded to 63 million vehicles (only refers to the new factory Car sales). (Cheng Zhenyi compiled)

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