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.
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