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Automotive
The mission of the Automotive industry – one of the most globalised industries – is to provide safe and accessible transportation for the world’s increasing population. The industry is one of the main engines of economic growth, with important multiplier effects both in upstream sectors such as metal processing, chemicals, and textiles, and in downstream sectors like ICT, trade and services. It is also one of the biggest innovators on a global scale, rapidly adopting breakthrough technologies that address the need for more efficient and environmentally-friendly transport solutions.
The Automotive industry involves the manufacturing of bodies, engines, parts and whole vehicles for ground transportation. Such vehicles include motorcycles, cars, light commercial vehicles and heavy commercial vehicles.
Russia is the fifth largest car producer in Europe due to its sheer size and motor vehicle production localisation policy, which has attracted major global automotive concerns such as Mercedes Benz, Volkswagen, Groupe PSA, Renault, ...
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Like much of the world, Turkey was impacted significantly by the pandemic in 2020. While production facilities were briefly brought to a halt, motor vehicle production was down for a third year in a row, affecting both imports and exports. ...
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The COVID-19 pandemic and the related containment measures – including full-scale lockdowns and other restrictions throughout 2020 – had an unprecedented impact on both car supply and demand across the global automotive market. ...
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Russia is home to the fifth largest car market in Europe and the ninth largest in the world. The automotive industry, however, takes less than half percent of the economy and employs just 3% of the manufacturing sector’s workforce. ...
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The automotive sector is the second largest manufacturing industry in Poland in terms of gross output, after only food and beverage manufacturing. The sector also has a major socio-economic role, employing around 210,000 people in 2019 (8% of the ...
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