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automotive industry

Source: www.investinfrance.org
Topic: Automotive Industry

Sort Desciption: 10000 researchers dedicated to the automotive. industry .... Innovation is a key factor of success in the automotive industry. Some of ...

Content Inside: i n F r a n c e automotive industry The Europe’s second With over 60 million inhabitants, and a fleet of 35 million vehicles (including 6 million commercial vehicles and 29 million private cars) France is the European Union’s second largest market. This very favorable position in Europe is confirmed by the annual produc- tion figures that also rank France as the second largest producer, with over 3.6 million vehicles in 2001. m a r k e t Germany 5,691,000 France 3,603,000 Spain 2,836,000 United Kingdom 1,677,000 Italy 1,579,000 Belgium 1,186,000 Vehicles produced in 2001 Key figures - 3,603,000 vehicles produced in 2001 - 35 million registered vehicles - 21 assembly plants - 600 first tier suppliers - 10,000 researchers dedicated to the automotive industry - 5 billion euros devoted to R&D each year by the auto sector Peugeot RC Carreau and Peugeot RC Pique Renault Vel Satis 3,0 dV6 Initiale (CCFA - ACEA 2002) Automotive : a flagship industry in France Europe is the world’s largest automotive market, with 21 million new vehicle registrations each year. It is also the world’s top car producer, accounting for more than a third of world production. The automotive sector is a key driver of the economy and has undergone major changes. France, thanks to its structural assets, is a key industrial player and is at the forefront of these transformations Public policies encouraging investment will further strengthen France’s leadership. Europe’s major automotive hub In France, the automotive sector employs over 150,000 people and generates a turnover of 92 billion euros, which accounts for 15% of the countrys overall industrial turnover. Exports account for 70% of vehicle production, underlining the international dimension of the industry. No less than 13 car manufacturers are present in France in 21 assembly plants producing 21 private vehicle models, 6 commercial models and 7 bus and heavy duty truck types. A market led by the two national manuf ...

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