Global M&A Review
In 2015, global production of cars was 68.5 million and commercial vehicles was 22.2 million, an overall increase of 1.1% over 2014. 1 OEM production is both concentrated and global. The top 15 countries produce 88% of the world’s cars, but regional differences in customer preferences, regulatory environments, and infrastructure ensure local and regional differences. 2 Top producing countries include China, the US, Germany, Japan, South Korea, and India.