Global Automotive Industry 2024. Global automotive outlook for 2024. The automotive industry is a dynamic field characterized by constant innovation and change.
We forecast the sale of new ev passenger cars to exceed 18mn (+32.8% y/y) in 2024, with europe leading the way (+41.2%). The automotive industry will face another subdued year in 2024, weighed down by slow consumer spending, high interest rates and disruption to supply chains due to.