The German Auto Industry Is Finally (Maybe) Done With Gas

The global automotive industry is undergoing unprecedented transformation. Sergio has successfully integrated Fiat/Chrysler into a true global player, an historic achievement” say car industry insiders, with sales going through the roof.” The two brands have surpassed the target for market share, from 11{c0ab263b3175d981033b17d6eec654a369e659a5af23b80a9510e95dedf16ccb} to 12 1/2{c0ab263b3175d981033b17d6eec654a369e659a5af23b80a9510e95dedf16ccb} (which is massive in the car business apparently), and Chrysler alone has surpassed the targeted 2 million in unit sales.

Its successor, the Automotive Production and Development Programme, which will be implemented from 2013, aims to stimulate the expansion of local production to 1,2- million vehicles a year by 2020 while significantly increasing local content at the same time.automotive industry

To that end, our eight key perspectives on the 2030 automotive revolution” are aimed at providing scenarios concerning what kind of changes are coming and how they will affect traditional vehicle manufacturers and suppliers, potential new players, regulators, consumers, markets, and the automotive value chain.

The Automotive Industry Financing Program (AIFP) was created to prevent the collapse of the U.S. auto industry, which would have posed a significant risk to financial market stability, threatened the overall economy, and resulted in the loss of one million U.S. jobs.automotive industry

The post-World War II revival of the German automobile industry from almost total destruction was a spectacular feat, with most emphasis centring on the Volkswagen At the end of the war the Volkswagen factory and the city of Wolfsburg were in ruins.automotive industry