TKL: China is dominating the global auto market. China’s share of world car production is now at 39%, the highest on record.

TKL: China is dominating the global auto market. China’s share of world car production is now at 39%, the highest on record.

Since the 2008 Financial Crisis, this percentage has doubled.

Its share is also ~11 percentage points larger than Europe, Japan, and the US combined.

To put this into perspective, China’s share in global automotive production was just 1% in 2000.

By comparison, the US, Japan and Europe accounted for 14%, 20% and 32% of production in 2000, respectively.

China has taken over the global car market.

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