Market Tape Free public data · delayed/cached
TM$179-0.71%GM$48.68-2.46%F$12.03+2.11%TSLA$179+1.99%BYDDY$61.73+1.00%RIVN$11.09-1.73%NIO$4.97+1.74%STLA$22.14-0.45%TM$179-0.71%GM$48.68-2.46%F$12.03+2.11%TSLA$179+1.99%BYDDY$61.73+1.00%RIVN$11.09-1.73%NIO$4.97+1.74%STLA$22.14-0.45%
Market & Tech Reports2020-07-22Clean view

Global Top 10 OEMs Production Forecast (Q2 2020)

2020 global production forecast is 71.04 million units, major OEM groups down 20% across the board

Summary

⋆An updated version of this forecast report will be released every quarter

- According to LMC Automotive's forecast (as of the 2nd quarter of 2020), the global production of light vehicles in 2020 is expected to decline by 20% compared to a year earlier, to 71.04 million units. Against the backdrop of many vehicle assembly plants suspending operations in the second quarter of this year (April through June) due to severe COVID-19 lockdown measures undertaken worldwide, the second quarter forecast has been reduced from the first quarter forecast (76.89 million units).

- By group, the top three (VW Group, Toyota Group, Renault-Nissan Group) have maintained annual production levels of 10 million units for several years, but in 2020, achievement of this level has been interrupted on a grand scale. The forecast predicts that these Groups will reach 8.77 million, 8.48 million and 7.22 million units, respectively.

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Commentary

The source outline identifies this section as part of “Global Top 10 OEMs Production Forecast (Q2 2020)”. Based on the available local metadata, this section should be read through the lens of World Production, Production Forecast, GlobalData, Vehicles & OEMs, Automotive, Suppliers and the visible introduction, figures, captions, and tables.

Related Local Signals

Nearby records in the local archive include Electrified Vehicle (xEV) Sales Monthly Report (March 2026); Mobile World Congress 2026 (3) Evolution of Connected and Autonomous Mobility; Smart Energy Week 2026: FCVs, Fuel Cell Units, Hydrogen-related Products; GlobalData Global Light Vehicle Sales Update (March 2026). These titles can be used as adjacent evidence when comparing suppliers, technologies, markets, and reporting periods.