Automotive industry contributes 4.5% to gross value added in Germany

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MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: Automotive industry contributes 4.5% to gross value added in Germany

WIESBADEN – The automotive industry increased its share of gross value added in Germany over the period 2005 to 2015. To coincide with the 67th International Motor Show (IAA) to be held from 14 to 24 September 2017, the Federal Statistical Office (Destatis) also reports that the “manufacture of motor vehicles, trailers and semi-trailers” accounted for 4.5% of total gross value added in 2015. In 2005 its share had been 1.1 percentage points lower at 3.4%.For further information:Peter Kuntze,tel: +49 (0) 611 / 75 24 71, contact form
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