As an indispensable tool in daily life, automobile plays an important role in the world. Accordingly, the automobile industry has become one of the key members in the global industrial landscape. Since the invention of automobile, it has played an irreplaceable role in the economic structure of many countries. There is a close relationship between automobile ownership and national development, It can provide more references in measuring the degree of industrialization and market capacity of the country.

At present, countries with high global car ownership include the United States, China, Japan, Russia, Germany, etc. the total car ownership of the top 10 countries has reached 715 million, accounting for 58% of the global car ownership. The countries with relatively large per capita car ownership are mainly composed of markets with high overall wealth. China's per capita car ownership is 1044 per 1000 people, which is not only far lower than Muping in major developed countries, but also far from the average level of countries in the world. It shows that although China has become one of the largest car markets, However, automobile and related industries still have great development potential in China.

Since the global financial crisis in 2008, the global auto market has experienced a process of recession, rebound and stability. The growth rate of auto sales has remained in the range of 0% - 5% since 2011, with a small fluctuation range. In 2016, the global auto sales reached 9.385 million 60000 vehicles, a year-on-year increase of 4.7%.

At present, automobile consumption demand is mainly concentrated in developed countries and emerging markets. In terms of subregions, Europe and North America, where developed countries are concentrated, account for 22% and 23% of automobile sales respectively, while the automobile production in Asia Pacific and the Middle East, where emerging markets account for a relatively high proportion, accounts for half of the total global sales, reaching 46.855 million vehicles. As the region with the most concentrated developing countries and weak overall economic strength, Africa's automobile sales account for only 1% of the world. With the gradual improvement of the economic level in Africa, the development potential of the automobile market in Africa is expected to be realized.