According to the Goldstein Market Intelligence, the Automobile Industry in Germany is likely to grow at a CAGR of around 4% during the forecast period 2017-2030.
German Automotive Industry is valued at USD 426 billion euros in total sales in 2018 compared to 423 billion euros in 2017. The Daimler AG was further behind with 3.36 million vehicle sin the market and the BMW group brought up the top three with 2.54 million cars. Germany is considered to be one of the most successful countries across Europe. The country has a competitive edge over the others due to its design, culture and engineering infrastructure.
The outbreak of coronavirus has led to a negative impact on the economic growth. This has resulted in majority of the production houses being closed or not able to attain full production capacity due to shortage of raw materials and staff. This has adversely affected the stock market and the uncertainties are quiet high. Germany has breached the regulation of Carbon dioxide routine aimed at dealing with electric vehicles are pressurised to sell more electric vehicles or pay heavy fines for the same.
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Covered in this German Automotive Market Report are
“German Automotive Market Research 2030” by Goldstein Market Intelligence contains detailed overview of German Automotive Market terms of market segmentation by analysis basis, therapy type and geography. The Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis German Automotive Market report will help the clients to assess their business strategies as per the competitive environment in the market space.
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Key Market Players
• Daimler AG
• Porsche AG
• Audi AG
• Ford Motor Company
• Opel Automobile GmbH
• Škoda Auto
• Groupe Renault
• Hyundai Motor Company
• Robert Bosch GmbH
• Continental AG
Further, German Automotive Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the German Automotive Market Research also comprises of key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The report also highlights the expert analysis to provide a complete overview of the market including the PESTLE analysis of each region and country.
About Goldstein Market Intelligence
Goldstein Market Intelligence helping businesses to be successful at strategy and take informed decisions to grow the business in future. Goldstein Market Intelligence is one of the leading professional services firms, providing Intelligence Services, Consulting & Advisory and research related services to clients. We, at Goldstein Intelligence Group (GIG) practice works side by side with chief executives and their teams to create effective strategies and secure alignment across the organisation. Goldstein Intelligence Group (GIG), a network of worldwide professional services firms, as a leading group with a strong commitment to establishing itself as a truly global-minded professional firm that can provide professional services across the world.
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