Canis Specialist in Industrial Organization and Business
2011, more than 78 million light motor vehicles1 were produced around the
world. The top five vehicle manufacturing countries (in order of
production) were China, the United States, Japan, Germany, and South
Korea, which together accounted for about 60% of global light vehicle production.
Although millions of vehicles are exported and imported annually, vehicle
manufacturing is still primarily regional. Most cars sold in Europe are
produced there, and most cars sold in North America are produced in the
United States, Canada, or Mexico. In 2011, 13 million cars and light trucks
were sold in the United States, including 2.8 million imported from outside
Consumer preferences and vehicle regulations and standards differ from country
to country and reinforce regional vehicle manufacturing. This makes
vehicles distinctly different from some other consumer products, such as
electronics, which are produced only in a few countries and then sold
globally. The absence of global standards for vehicle fuel efficiency and
emissions means that a vehicle may not be sold in certain countries if the
manufacturer is not willing to make major investments to bring the vehicle
into compliance with local standards.
Date of Report: August 17, 2012
Number of Pages: 7 Order Number: R42666 Price: $19.95
For email and phone orders, provide a Visa, MasterCard, American Express, or Discover card
number, expiration date, and name on the card. Indicate whether you want e-mail
or postal delivery. Phone orders are preferred and receive priority processing.
Follow us on TWITTER at http://www.twitter.com/alertsPHP