China to overtake Europe in auto production - report

new Opel Astra
new Opel Astra

Europe is only slated to build 18.3 million vehicles

Europe's continuing economic crisis has paved the way for China to take the lead in automotive production.

According to the Financial Times, China will assemble approximately 19.6 million vehicles in 2013. This will enable the country to take the lead away from Europe (including Russia and Turkey) which is on track to build just 18.3 million vehicles. As the newspaper points out, Europe will produce roughly 20 percent of the world's automobiles in 2013 which is down from 35 percent in 2001.

As we have previously reported, key European automakers like Ford and Opel have announced plans to shutter factories and reduce their outputs. The continuing uncertainly has even provoked Volvo chief executive Håkan Samuelsson to say "you can only pray” for the European market.

Published Jan 4th, 2013 9:40pm By Michael Gauthier

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Comments (7)

GTurbo GTurbo
Tell us something else we don't already know!
Jan 8th, 2013 12:29pm
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AntonioCalixto AntonioCalixto
Because Americans only like to buy Big, Cheap & Ugly and OPEL builds just the opposite products, thats not for the cheap and tasteless American Jonh Doe!
Jan 7th, 2013 5:24am
2 0
opelbauer opelbauer
@Antonio: haha i completely agree! :)
Jan 7th, 2013 12:31pm
1 0
eddie eddie
That is a sharp looking car why does not GM import that to the USA
Jan 6th, 2013 8:27pm
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Joao Oliveira Joao Oliveira
Because in USA, people normaly only like large cars
Jan 6th, 2013 10:49pm
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Jokes aside, GM should produce the GTC for America. Not only it looks nice, it also drives great and the General has no other car in this segment.
Jan 7th, 2013 10:47pm
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buruchaga buruchaga
Unemployment would hit europe harder this time but the german car industry would sail through.
Jan 5th, 2013 6:30pm
1 0