In 2023, Toyota Motor was the largest automobile manufacturer in Asia, with sales of over 270 billion U.S. dollars. Five of the ten leading car manufacturers in Asia were from Japan, followed by two South Korean and Chinese car manufacturers each, and one from India.
Automotive industry in the APAC region
Asian automakers foster sustainability, innovation, and technological integration in automobile manufacturing. With local auto brands like Geely, BYD, and NIO leading the electric vehicles adoption and autonomous driving technologies, China remains the leading car manufacturer in the…