Thursday, February 21, 2019
German Automobile Industry Background Essay
The railcar industry in Germany was born on in the earlier 1886 when the commencement ceremony vehicle powered by a gas locomotive was assembled and registered. cxxv years has passed, and with it the industry has acquired an incredible ontogenesis and global recognition. The industry at present is one of the almost powerful and reliable of the world that actually competes vis a vis with the one of the most dominant car industries of the world Asian motorcar industry.The German motorcar industry is one of the stronger and successful industries in the world, it is the after part 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 arrive global car production. Furthermore, it represents the main sector of Germanys economy (main driver of growth) as well as the largest automotive market in the entire 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 action of innovation 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 chummy vehicles, which makes Germany the most innovative auto nation in the world.German cars are known globally receivable to its attributes in terms of comfort, luxury, security, efficiency, reliability, envision 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 give 747,600 people just within Germany, and this rate is increasing sharply all over the years. The result, Europes largest automobile marke t about 5. 4 cardinal passenger cars manufactured in 2012 46 automobile assembly and engine production plants with a capacity over one third of the constitutional automobile production in Europe.Giving the importance of German automobile industry is not a surprise to find some of the most influent companies of the world setting 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 long 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 burning(prenominal) proportion by the manufacturing and trade of auto parts. The latest reports indicate that conk out January was a historic month for German automotive indu stry in which they experienced a sharp increase in demand due to past 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 worldwide distribution by 16% the homogeneous month. The trend was indicating in the past years a significant growth in trade especially with the Asian market, last January the trend was confirmed. so far 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.com/business/automobiles/auto-news/german-cars-audi-mercedes-benz-in-global -demand_69691. hypertext mark-up language Invest, G. T. (n. d. ). Automotive Industry. Retrieved from Germany Trade and Invest http//www. gtai. de/GTAI/Navigation/EN/Invest/Industries/Logistics-mobility/automotive. hypertext mark-up language 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.