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Group: Auto Production Passed 80M In 2011

The International Organization of Motor Vehicle Manufacturers says global auto production hit record levels in 2011.

GENEVA (AP) -- The International Organization of Motor Vehicle Manufacturers says global auto production hit record levels in 2011.

The Paris-based OICA says final production numbers for last year are expected to reach 80.1 million for all types of automobiles.

The industry group says this represents a 3 percent increased compared with 2010 and a sharp improvement from 2009, when the economic crisis saw production drop to 61.8 million.

Asia produced 40.6 million units in 2011, followed by Europe with 21.1 million and the Americas with 17.8 million

OICA released its latest figures Wednesday at the Geneva Motor Show.