Automobile Industry
In 2000, Asian factories assembled 18 million four-wheel vehicles, 30 percent of the world output of 58 million units; Asian firms also accounted for another 6 million units made outside their home market, primarily in the United States and England. Japan, with domestic output of 10 million units in 2000, was by far the largest producer, followed by South Korea and China, the only other Asian markets with domestic production or domestic sales over 1 million units. World automotive trade was also substantial, about $550 billion in 1999. However $207 billion of that trade was internal to Europe, and.....
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