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Industry life cycle and some facts about Germany Auto Industry

Industry life cycle and some facts about Germany Auto Industry

  1. Currently, six German companies dominate the automotive industry in the country: Volkswagen AG, BMW AG, Daimler AG, Dr. Ing. h.c. F. Porsche AG, Adam Opel AG and Ford-Werke GmbH.

  2. Nearly six million vehicles are produced in Germany each year, and approximately 5.5 million are produced overseas by German brands

  3. Germany is one of the top 4 automobile manufacturers in the world.

  4. The Volkswagen Group is one of the three biggest automotive companies of the world

  5. The Chevrolet Volt and its Voltec Technology have been invented and developed first and foremost by the former German Opel engineer Frank and—still today—some of the most important parts of the development of GM's electric vehicles is done in Germany.

  6. The automotive industry is the largest industry sector in Germany. In 2011, the auto sector recorded turnover of EUR 351 billion – around 20 percent of total German industry revenue.

  7. German passenger car and light commercial vehicle manufacturers recorded foreign market- generated revenue of EUR 194 billion for the year 2011. For the same period, domestic market- generated revenue of EUR 80 billion was created.

  8. The automobile industry is one of the largest employers in Germany, with a workforce of around 712,500 in 2011.

  9. Germany is Europe’s number one automotive market in terms of production and sales; accounting for over 30 percent of all passenger cars manufactured and  over 20 percent of all new registrations.

10.  Germany also hosts the largest concentration of OEM plants in Europe. There are currently 47 OEM sites which are producing for major auto brands.

11.  German automobile manufacturers produced more than 12.9 million vehicles in 2011 – equivalent to 17 percent of worldwide production.

12.  Germany is the European car production leader: some 5.9 million passenger cars (and more than 439,000 trucks and buses) were manufactured in German plants in 2011.

13.  Around 77 percent of cars produced in Germany in 2011 were ultimately destined for foreign shores.

14.  Germany’s automotive sector is the country’s most innovative industry sector, accounting for 33 percent of total German industry R&D expenditure of  EUR 59.2 billion.

15.  R&D expenditure for 2011 was EUR 19.6 billion – helping Germany consolidate its globally leading position in the world economy.

16.  R&D personnel within the German automobile industry reached a level of just over 89,000 in 2011.

17.  In marked contrast to other European countries, Germany’s unit labor costs continue to fall – decreasing by a yearly average of 1.2 and 1.5 percent respectively for the year 2010. In 2011, unit labor costs rose a modest 1.2 percent.

Source: Industry life cycle and some facts about Germany Auto Industry

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