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* The automobile industry generates a trade surplus of €79.5 billion for the European Union • | * The automobile industry generates a trade surplus of €79.5 billion for the European Union • | ||
* The turnover generated by the auto industry represents almost 8% of the EU’s GDP | * The turnover generated by the auto industry represents almost 8% of the EU’s GDP | ||
* Investing €58.8 billion in R&D per year, automotive is Europe's largest private contributor to innovation, accounting for 32% of the EU total | * Investing €58.8 billion in R&D per year, automotive is Europe's largest private contributor to innovation, accounting for 32% of the EU total | ||
== Production == | == Production == |