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Abstract

The motor vehicle industry is Europe’s largest, accounting for value added of more than Ecu 7 billion, and turnover of over Ecu 200 billion. The industry grew rapidly during the 1980s, but fell off with the recession of the early 1990s. Roughly one half of all production takes place in Germany. Many of Europe’s manufacturers such as Rover, Mercedes-Benz, Rolls Royce, and Fiat are part of large diversified groups, whose activities range from aerospace and defence to electronics and financial services. All such firms also manufacture vehicle parts and accessories.

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© 1996 Aubrey Silberston and Christopher P. Raymond

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Silberston, A., Raymond, C.P. (1996). Automobiles. In: The Changing Industrial Map of Europe. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24357-0_4

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