IEA – What Next for the Global Car Industry?

This report examines the global car industry and its evolving dynamics.

It highlights the car as a major innovation and the largest source of oil demand, with the industry employing over 10 million people worldwide. The report outlines three fundamental shifts: a geographic shift in production led by China, changes in sales growth regions, and evolving consumer technology preferences moving away from internal combustion engines, posing challenges for traditional carmakers.