This report analyzes the rebound of the global automotive industry in recent years, as sales volumes approach pre-pandemic levels amid easing supply chain constraints. It highlights regional performance, noting China’s emergence as the world’s largest car exporter and a dominant player in EV production. Traditional automakers such as Toyota, Volkswagen, and Ford continue to lead in revenue, but Chinese manufacturers like BYD are rapidly gaining market share. Electric and hybrid vehicles now account for a growing portion of total sales, with BEVs and PHEVs driving transformation in consumer preferences and regulatory policies. Although production is recovering, geopolitical risks and inflationary pressures remain key uncertainties for demand.
The automotive market is experiencing structural shifts led by electrification, China's rise, and evolving global supply dynamics.