German Automobile Industry Background

German Automobile Industry Industry Background The elevator car exertion in Germany was born on in the earlier 1886 when the initiative vehicle powered by a gas engine was assembled and registered. cxxv years has passed, and with it the industry has acquired an incredible egress and orbiculate recognition. The industry like a shot is one of the close to powerful and reliable of the humankind that actually competes vis a vis with the one of the close dominant car industries of the world Asian cable car industry.The German automobile industry is one of the stronger and successful industries in the world, it is the twenty-five percent global manufacturer in terms of volume (numbers of cars assembled) after China, united States and Japan. In fact, German automobile industry is responsible for of the manufacturing of 17% of the natural global car return. Furthermore, it represents the main sector of Germanys economy (main driver of growth) as well as the largest self-prop elled market in the strong European continent.One of the key factors of success of this industry has been the large budgets invested in automotive development and research, which has allowed them to manufacture and offer vehicles with latest technology that in most of the cases fits better with consumer insights in other words, an evolutionary process of application of cornerstone and cutting-edge technology has lead into one of the main industries in Germany. A good example of this fact is the development of environmental friendly vehicles, which makes Germany the most innovative auto nation in the world.German cars are know globally due to its attributes in terms of comfort, luxury, security, efficiency, reliability, design and image. In addition, the industry counts with one of the higher qualified labor forces, as well as modern infrastructures and research facilities. The industry actually employ 747,600 people bonnie within Germany, and this rate is increasing acutely over the years. The result, Europes largest automobile market about 5. 4 million passenger cars make in 2012 46 automobile assembly and engine production plants with a capacity over one third of the total automobile production in Europe. endowment the importance of German automobile industry is not a surprise to find some of the most influent companies of the world prospect their headquarters and principal assembly plants in the country. The market is dominated by Audi, BMW, Ford Germany, Mercedes Benz, Opel, Porsche and Volkswagen. All these companies have a common characteristic global demand. Therefore, even when domestic economy is huge including Germany and the European Union- the industry growth is predominantly due to the exports of vehicles to other countries.Also, as well as the manufacturing of passenger cars, the industry in comprised in an important proportion by the manufacturing and betray of auto parts. The latest reports indicate that last January was a historic mon th for German automotive industry in which they experienced a sharp gain in demand due to prehistorical few years trends that have been defining market behavior. Audi and Mercedes Benz sell more cars around the world in January than any corresponding month in the past. The Volkswagen subsidiary Audi sold 117,500 cars, the higher quantity of monthly sales in its history.Also, it increased the oecumenical distribution by 16% the same month. The trend was indicating in the past years a significant growth in trade oddly with the Asian market, last January the trend was confirmed. Even though the sales increase in all regions, in China the increase was of 38. 5%. Giving this, is possible to identify the markets that represent the clusters of largest demands of German cars as Asia (mainly China), US and Europe. Bibliography Bibliography IANS. (2013, 02 13). German Cars in Global Demand. Retrieved from Zeebiz. com http//zeenews. india. om/business/automobiles/auto-news/german-cars-audi -mercedes-benz-in-global-demand_69691. html dress, G. T. (n. d. ). Automotive Industry. Retrieved from Germany Trade and Invest http//www. gtai. de/GTAI/Navigation/EN/Invest/Industries/Logistics-mobility/automotive. html Invest, G. T. (n. d. ). The Automotive Industry in Germany. Retrieved from Ixpos. de http//www. ixpos. de/IXPOS/Content/EN/Your-business-in-germany/_SharedDocs/Downloads/automotive-industry-in-germany. pdf 1 . Germany Invest and Trade Automotive Industry.