World Business Council






AUTOMOTIVE

Chair

The Automotive Industry is seeing rapid transformation, driven by electric vehicle (EV) development, autonomous driving, and digitalization of production. China and the U.S. lead the market in terms of production and innovation, while Germany and Japan remain key players in technology and manufacturing.

The WBC Automotive Council is enhancing the automotive sector by promoting collaboration among automakers, technology firms, and regulatory bodies to address evolving challenges. The Council advocates for the development of electric and autonomous vehicles, while supporting sustainability initiatives and innovation in supply chain management. By fostering partnerships and knowledge sharing, it helps the automotive industry remain competitive and adaptive. Looking ahead, the Council aims to drive initiatives in smart mobility, expand research in sustainable fuels, and strengthen global collaboration on autonomous vehicle regulations.



GLOBAL
Market Size
$3.8 Tr.

China

Business Volume: $1.5 trillion

 

United States

Business Volume: $660 billion

 

Japan

Business Volume: $550 billion

Germany

Business Volume: $480 billion

 

India

Business Volume: $150 billion

 

South Korea

Business Volume: $120 billion

Mexico

Business Volume: $100 billion

 

Brazil

Business Volume: $90 billion

 

Canada

Business Volume: $70 billion