In 2023, Germany dominates European motor vehicle production with a substantial 47.03% share. France and the UK follow with 10.53% and 9.13%, respectively. Growth trends indicate positive year-on-year growth for most countries except Sweden and Greece. Notable gains include Hungary, which expanded by 5.6%, and Portugal by 9.4%, showing rapid development. Meanwhile, negative growth in Sweden and Greece highlights challenges in these regions.
Future trends to watch include the ongoing shift towards more sustainable vehicle production, potentially boosting countries embracing electric vehicle manufacturing. Germany’s leadership might be increasingly challenged as other countries invest more in innovation and production efficiency.
Top countries in Motor Vehicles Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 47.03 | 2023 | +5.89% | +2.64% | View data |
| 2 | 2 France | 10.53 | 2023 | +10.12% | +1.99% | View data |
| 3 | 3 United Kingdom | 9.13 | 2023 | +1.9% | +2.38% | View data |
| 4 | 4 Spain | 6.69 | 2023 | +5.42% | +2.1% | View data |
| 5 | 5 Italy | 5.47 | 2023 | +2.78% | +2.1% | View data |
| 6 | 6 Czech Republic | 3.88 | 2023 | +6.87% | +4.04% | View data |
| 7 | 7 Sweden | 3.7 | 2023 | +8.18% | -1.33% | View data |
| 8 | 8 Slovakia | 2.94 | 2023 | +4.35% | +3.11% | View data |
| 9 | 9 Hungary | 2.37 | 2023 | +7.23% | +5.6% | View data |
| 10 | 10 Netherlands | 1.91 | 2023 | +13.42% | +4.07% | View data |
