5 Countries that Produce the Most Motor Vehicles in 2023

4. India

Cars Produced in 2022: 4,439,039

Commercial Vehicles Produced in 2022: 1,017,818

Total Motor Vehicles Produced in 2022: 5,456,857

With a massive population of over 1.4 billion, it comes as no surprise that India ranks among the Top Vehicle Manufacturing Countries in the World. The South Asian giant’s auto industry is worth more than $108 billion and accounts for 8% of the country’s total exports and 7.1% of GDP. However, there is still tremendous room for growth, as still only 8% of Indian households own an automobile.