Monday, February 27, 2017

Automotive industry in the EU Investing in EU

Brexit puts pressure on automakers UK



The EU European Union is the world's largest producer of motor vehicles The automotive industry is one of the largest contributors to the EU economy The presence of a large database of the automotive industry in the EU Europe has contributed to the prosperity of the  Europe.
The automotive industry in the EU is the largest provider of jobs for people in Europe The industry employs as many highly skilled jobs is a key driver of innovation and knowledge of Europe .
The European car industry accounts to attract more foreign investment in R & D Research and development The main highlight of the automotive industry of the European Union is that the sector is a major contributor to GDP The Gross Domestic Product industry also represents the largest export of Europe ; this is an area where Europe exports more than it imports.
The European Commission realizes the potential of the automotive sector and has been proactive to protect the industry and encourage him to prosper further in this context, the Commission has put forward some objectives regarding the automotive sector, which is the next.
1 To encourage competition among key industry players.


The European Commission aims to identify and evaluate policy issues that are important to promote healthy competitiveness of the European automotive industry and recommend a possible solution taking into account the social, environmental and economic.
2 To fit a simple and complete rules of the internal market for the automotive industry.
The efforts of the European Commission to improve the regulation of the internal market for the automotive industry in Europe is primarily the responsibility of the introduction of the whole vehicle type approval system that allows automotive manufacturing to have a vehicle type approved in an EU member country and be able to sell the finished product from the market in all other member countries of the European Union without further testing.
3 To encourage foreign investment in the sector and promote globalization of the technical regulations by UNECE.



Global technical harmonization is crucial to encourage the competitiveness of the automotive industry in the EU and has an impact on the international stage The European Commission has ambitious plans to reinvigorate the automotive industry by encouraging more foreign investment in sectors including Asian auto giants recently, Asian automakers like Honda and Toyota explore the European market.
Automobile industry in different European countries.
The automotive industry is widespread in the countries of the European Union In most countries, the automotive industry is a big industry and a major contributor to exports, GDP and the economy as a whole.
Germany Germany is one of the major auto producers in the world for a long time Actually Germany is considered the cradle of the automobile The automobile industry in Germany is one of the largest industries in the country and is the largest employer the industry provides employment to a huge workforce of the 886,000 employees in the country in addition, Germany is also a leader in the production of passenger cars from all member countries of the European Union the German automotive industry represents over 29 of the total share of the EU car market.
Currently, the German automotive industry is dominated by six large companies which includes VW Volkswagen, Daimler, BMW, Opel, Audi and Opel According to recent reports published by German industry analysts, Germany produces more than 6 million vehicles there including vehicles of tourism and utilities every year more, German car manufacturers is making 5 5 million automobile units on overseas markets Germany and other major world automakers like Japan China and the United States is among the top four automakers.



According to the German Association gaai reports from the automotive industry published in 2009, Germany was one of the major EU nations for new registration of the car that was about 2 9 million new the inscriptions gaai also expected that these figures are likely to increase in the coming years; it would reach about 3 1 million by 2012.
The financial crisis that hit the global economy in late 2008 had a negative effect on the German automotive industry; it affected both manufacturing and supply chain Several major automobile producers were forced to control their levels of production and during the third quarter of 2008, auto sales dropped However, post the financial crisis, the German market has recovered and the German government has made efforts to put the sector on the right track of development.
France The automotive industry is the largest contributor to the balance of foreign trade of France France is the fifth largest country in the European Union in the production of automobiles On average the French car industry has an annual production about 3 to 5 million vehicles.
Over the last 10 years France has been ranked among the top 10 countries in automotive manufacturing in the EU The main players in the French automobile industry Renault and PSA Peugeot Citroen Bugati.



The automotive industry in France provides employment to more than 300, 00 employees recently, major foreign players such as Toyota and General Motors have increased their investments in France.
The federal government of France is mulling over setting up new policies to help the auto industry in the country, the government is not only designed to help local automobile companies such as PSA Peugeot Citroen and Renault SA, but also aims to help foreign companies to invest in the country.
The French government plans to increase the amount of aid provided to car manufacturers in France, to make those businesses able to cope with the credit rates are high and rare.
There are various organizations sponsored by the government of the EU Member States that help investors by providing information on investment opportunities in the automation industry.








Automotive industry in the EU Investing in EU, automotive, industry, european union.