Automobile Production Sets New Record in 2012

World auto production set yet another record in 2012 and may rise even higher during 2013.

According to London-based IHS Automotive, passenger-car production rose from 62.6 million in 2011 to 66.7 million in 2012, and it may reach 68.3 million in 2013.

When cars are combined with light trucks, total light vehicle production rose from 76.9 million in 2011 to 81.5 million in 2012 and is projected to total 83.3 million in 2013.

Just four countries