In 2020, the auto sector listed turnover of EUR 379.3 billion – around 20 percent of total German industry revenue. Germany is Europe’s number one automotive market, accounting for around 25 percent of all passenger cars manufactured (3.5million) and approximately 20 percent of all new car registrations (2.9million).
Table of Contents
What is automobile industry in Germany?
In 2020, the auto sector listed turnover of EUR 379.3 billion – around 20 percent of total German industry revenue. Germany is Europe’s number one automotive market, accounting for around 25 percent of all passenger cars manufactured (3.5million) and approximately 20 percent of all new car registrations (2.9million).
Why Germany is famous for automobiles?
Germany is known throughout the world for providing quality reliable cars that last a lifetime and that comes from the country’s involvement with the industry from the very first motor vehicles, with Carl Benz designing the very first motor vehicle to use an internal combustion engine and electric ignition.
What does the car industry contribute to the German economy?
For the German gross domestic product (GDP), the car industry is even slightly more important than for jobs. The Federal Statistical Office assumes that the automotive industry will contribute 4.5 percent to German GDP in 2015.
How many car companies are based in Germany?
Currently, five German companies and seven marques dominate the automotive industry in the country: Volkswagen AG (and subsidiaries Audi and Porsche), BMW AG, Daimler AG, Adam Opel AG and Ford-Werke GmbH.
How many people work in German car industry?
311,000 people
The German automotive supplying industry employed a workforce of around 311,000 people in 2019. They also serve Europe’s largest automotive market, where more than 4.6 million passenger cars and 283,567 light commercial vehicles were produced in the same year (2019).
What is the most popular car in Germany?
Volkswagen
Most popular car brands by ownership share Germany 2019-2021 In 2021, 15.7 percent of the German-speaking population drove a Volkswagen, making it the most popular owned car brand in the country.
What are German cars called?
Germany is famous for the high-performance and high-quality sports cars made by Porsche, and the cars of Mercedes, BMW and Audi are famous for their quality and technological innovation. As of December 2019, Volkswagen Group is the largest automobile manufacturer in the world (based on 2019 unit sales).
What are German car manufacturers?
Germany is renowned for being home to some of the largest and most influential automakers in the world, all of which most of us will be familiar with. These include Audi, BMW, Mercedes, Porsche, and Volkswagen.
Which German cars are made in Germany?
The Big 5 German Automakers
- Audi. Founded in 1909 by August Horch and now based in Ingolstadt, Germany, Audi is named after its founder with Horch meaning ‘listen’ in German, and ‘audi’ being ‘listen’ in Latin.
- BMW.
- Mercedes-Benz.
- Volkswagen.
- Porsche.
What are the main industries in Germany?
Germany’s principal industries include machine building, automobiles, electrical engineering and electronics, chemicals, and food processing.
What is Germany’s largest export?
motor vehicles
The main German export product: motor vehicles Accounting for 15.2% motor vehicles and parts thereof of exports, was Germany’s main export product in 2021. Machinery (14.2%) and chemical products (9.9%) ranked second and third, respectively, among the most important export items.