South Korea: 5th World’s Largest Car Producer

South Korea retained its status as the world’s fifth-largest car producer last year for five years in a row with over 4.6 million vehicles produced, a trade body said on Tuesday.

Industry leader Hyundai Motor Co. and four other automakers in the country rolled out an aggregate 4,658,000 cars in 2011, up 9 percent from a year earlier, according to the Korea Automobile Manufacturers Association (KAMA).

China churned out 18.42 million cars last year to be the world’s largest automaking nation for the third consecutive year.

The United States regained the second-largest producer status last year by producing 8.65 million vehicles, beating Japan with 8.4 million cars. Germany ranked fourth with 6.3 million units.

The combined global production of automobiles edged up 3 percent on-year to over 85.24 million units in 2011, according to the KAMA.

Leave a Reply