
The global automotive industry can change dramatically from one country to another. Between 80 and 90 million new cars are sold every year in the 195 countries of the world. More than half of these cars (54 percent) are located in Asia, as is the majority of the world's population (59 percent). Other regions such as the United States and Canada account for only 5 percent of the world's population, but 19 percent of vehicle sales.
The industry has many faces depending on where you are. Some are quite developed in terms of technology. Other countries are lagging behind in terms of regulations and the importance of the sector within the GDP.