5 Countries that Produce the Most Motor Vehicles in 2023

In this article, we are going to discuss the 5 countries that produce the most motor vehicles in 2023. If you want to check out our detailed analysis of the global automotive industry, the largest auto manufacturer in the world, and the rise of autonomous vehicles, head to 20 Countries that Produce the Most Motor Vehicles in 2023.

5. South Korea

Cars Produced in 2022: 3,438,355

Commercial Vehicles Produced in 2022: 318,694

Total Motor Vehicles Produced in 2022: 3,757,049

The South Korean auto industry currently accounts for 13% of all manufacturing output and 12% of total employment in the country. The East Asian country is also a major tech hub, and this expertise is now also being funneled into the automotive industry and helping to build new and exciting vehicles. South Korea also has some of the best facilities for testing automated and autonomous driving vehicles. The testing ground, known as ‘K-City’, simulates a large city environment and is the largest of its kind in the world. 

Hyundai Motor Group and Kia Motors account for a lion’s share of South Korea’s auto manufacturing sector.