“Automotive industry contributes 4.5 percent to gross value added in Germany”

Germany’s car industry has increased its share of gross value added in the country between 2005 and 2015 to 4.5 percent, the Federal Statistical Office (Destatis) says in a press release. Contrary to most European countries, the industry’s importance has grown significantly: In 2005, the "manufacture of motor vehicles, trailers and semi-trailers" still accounted for 3.4 percent of gross value added, Destatis said. In 2015, about 871,000 people were employed in the industry, generating gross value added of 124 billion euros, it adds.

Read a short press release in English here and a more detailed one in German here.

For background, read the CLEW dossiers The Energiewende and German carmakers and The energy transition's effect on jobs and business.