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German Manufacturers Build More Cars Worldwide

From German Manufacturers Build More Cars Worldwide| May 15,2007

In 2005 the German motor-vehicle industry maintained its globalization strategy and was successful in obtaining a share of the worldwide increase in the demand for motor vehicles. It built 10.7 million passenger cars and commercial vehicles in no fewer than 23 countries, 3 percent more than a year previously.

As a result, every sixth motor vehicle built anywhere in the world bore a German brand name. Including Chrysler, German manufacturers increased their output to 13.5 million vehicles in 2005, which meant that more than every fifth vehicle produced worldwide was produced in a factory operated by a German motor-vehicle group.

German Manufacturers Build More Cars Worldwide

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