(15 November 2021) Amid the global semiconductor shortage, car manufacturers around the world have reduced production or even completely stopped car assembly lines. IHS Markit estimates that in January though September 2021, over 7 million light vehicle units were not produced due to the semiconductor shortage.

In this dashboard, Knoema's team has put together monthly statistics on passenger car production in the largest car manufacturing countries — China, Japan, Germany, India, and the United States — which together account for over 60% of global passenger car production.

  • The latest data for August and September 2021 shows that China and Japan are weathering the crisis with the lowest output losses: 11% and 16% year-over-year, respectively.
  • Passenger car manufacturing in Germany, India, and the U.S. dropped between 28% and 32% year-over-year in recent months.
  • The decline in global car manufacturing has the potential to hit the global economy hard. Vehicle manufacturing's share in GDP exceeds 4% in Germany and is over 2% in Japan and China. In addition, disruption in global vehicle manufacturing can have significant negative indirect economic impacts — for example, 12% of steel produced globally is used in car manufacturing.

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The Automotive Data Brief reviews the most recent data to present an overall picture of the automotive sector. You can find information relating to vehicle production and sales as well as statistics about fuel prices, vehicle stocks, and the electric-vehicle market.

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