At the start of 2010, the car industry was in tumult. The global financial crisis had caused major firms – notably GM and Chrysler – to collapse, car sales were declining and China was best known for making copycat knock-offs.
As the decade draws to a close, many of those challenges seem trivial as the industry battles with the turmoil caused by Dieselgate, new emissions regulations and, in the UK, Brexit. It hasn’t all been bad, though. Market changes have helped both premium and budget firms to thrive, the SUV boom has transformed a number of firms and cars are safer and greener than ever. As the decade ends, here’s a snapshot of how the car industry has changed since 2010.
*Until the end of November 2019
MAKING HEADLINES IN THE 2010s...
The 2015 revelation that Volkswagen Group brands had cheated emissions tests in the US rocked the industry, sparking a plummet in diesel sales that still continues. After a management clear-out, the Volkswagen Group has continued to thrive.