In the automotive industry, which is one of the important sectors, in production centers serious changes are taking place. These changes rightly cause changes in the shares of countries in automobile production.
Consulting firm AlixPartners prepared a report on the changes in automotive production of European countries in the period 2015-2020. While the share of Germany and France in the report decreased America’s did not go unnoticed that the share of some countries, including them, has increased.
Dramatic drop in Germany’s share
Of germany Share in European automotive production dropped 6 and fell to 22%. In Spain, which ranks second on the list, an increase was observed, while the country’s share rose to 14%. The share of France decreased to 8%.
During the period mentioned in the report America’s share in automobile production rose to 8% and caught France. Another country that increased its share to 8% in the same period drew attention as Russia. Slovakia managed to increase its share to 6% and Romania to 3%.
Researchers also took the causes of this situation. Accordingly, manufacturers are particularly the production fee is lower in the series It prefers Eastern and Southeastern European countries as new investment centers. This is the main reason for the difference in production shares. According to AlixPartners experts, this trend will continue in the upcoming period.
Emission scandals are not forgotten
According to representatives from the automotive industry, the German automotive companies, exhaust carbon emission regulations are adversely affected by fraud scandals, emission restrictions and US-China trade disputes.
The frauds made in the carbon emission registration of diesel vehicles have shaken the trust in German companies. In addition, the fact that the important moves in automotive in recent years originated in the USA or the Far East is also described as a situation that makes the sector difficult. In germany 5% of value added, 3% of employment comes from the automotive industry.