Households drive market demand, with household spending representing 54.7% of total demand in 2022. Volkswagen AG is the largest company in Germany, generating 26.6% of the industry’s total turnover value in 2022. The industry is concentrated, with the top five companies generating 76.6% of total production value in 2022. The total number of companies increases in 2022, to 242,649 units. The costs of the industry decrease by 0.1% in 2022, largely driven by declining labour costs. The industry’s profitability decreases and stands at 10.2% of turnover in 2022, the 14th highest regionally. With turnover of USD77.6 billion, Germany accounts for 16.1% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Germany: ISIC 50. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Germany: ISIC 50 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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