Asia News Network
China produced around 28 million vehicles which captures 30% of the global market share in auto production and leads all other countries in Asia, according to Organisation Internationale des Constructeurs d’Automobiles (OICA), France, 2016.
Japan is responsible for second highest number of vehicles produced (9 million). India with 4.4 million and South Korea with 4.2 million vehicles produced, are also among those Asian countries which have leading motor vehicle production plants. Thailand and Indonesia have also produced 1.9 million and 1.1 million vehicles respectively in 2016.
There’s an increase of 4 million in the production of China from 2015 while the increase in production of vehicles in India from last year is around 0.3 million based on the data from OICA, France.
India comprises 0.04% of the global market share in car production and has become the third-largest car producing country behind China and Japan.
Other Asian countries like Malaysia (513,000), Taiwan (309,000), Pakistan (220,000) and The Philippines (135,000) fared poorly in terms of car production in 2016.
Vietnam, having total population of 91.7 million, produced only 66,030 vehicles in 2016 which is still comparatively higher than the 50,000 cars produced in the year 2015.