Transport Equipment

Motor vehicles and parts production value declined in 2020 as manufacturers faced a roller coaster year due to the global pandemic. In volume terms, production of vehicles declined by 7% in 2020 to almost 1.8 million units. The decline was largely ...

Motor vehicles and parts production value declined for the second consecutive year in 2019. In volume terms, car production shrank by 14%, to 1.4 million units. A number of negative factors, including declining sales in the US and China, increasing ...

China’s automotive industry saw growth in value terms in 2019, although the increase was largely due to rising prices, as production volumes declined. Rising economic uncertainty, restrictions on new car purchases in the largest cities and the ...

The motor vehicles and parts industry saw growth in 2019 in both volume and value terms. New car sales in 2019 exceeded 17 million units for the fifth consecutive year, the result of low unemployment levels, cheap credit and healthy consumer ...

Production value growth for the motor vehicles and parts industry slowed in 2019, as a result of weaker demand for new cars in the domestic and export markets. In volume terms, car production declined significantly in 2019, as Italian car ...

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Motor vehicles and parts production value declined in 2019, as a result of weak domestic demand and weaker sales in export markets; however, the industry accelerated its production volumes towards the end of 2019, which helped to soften the negative ...

The German automotive industry’s revenue growth remained below the historic average in 2019, while production volume declined. In 2019, German car production declined by 9%, to 4.7 million units, according to the car manufacturers’ association ...

The aircraft and spacecraft industry’s revenue sustained growth momentum in 2019. Large existing orders for commercial aircraft and incoming new orders helped to lift industry growth. For example, the country’s largest aircraft manufacturer, Airbus, ...

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