In 2023, Germany led the European motor vehicle industry with the largest output share, closely followed by the United Kingdom, Spain, France, and Italy. Notably, the Czech Republic and Hungary demonstrated significant year-on-year increases of 3.85% and 3.34%, respectively. Conversely, the Netherlands showed a notable decline with a -4.35% variation. Overall, smaller players like Bulgaria, Macedonia, and Lithuania reported substantial growth, indicating rising contributions from less dominant countries in the industry.
Future trends to watch include technological advancements, sustainability efforts, and the potential impact of regulatory changes, which may further shift production shares across European countries.
Top countries in Motor Vehicles, Trailers and Semi-Trailers Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.59 | 2023 | +5.12% | +1.16% | View data |
| 2 | 2 United Kingdom | 7.78 | 2023 | +1.76% | +2.17% | View data |
| 3 | 3 Spain | 6.97 | 2023 | +5.28% | +1.4% | View data |
| 4 | 4 France | 6.89 | 2023 | +6.45% | +0.55% | View data |
| 5 | 5 Italy | 6.32 | 2023 | +4.82% | -0.68% | View data |
| 6 | 6 Czech Republic | 5.94 | 2023 | +3% | +3.85% | View data |
| 7 | 7 Poland | 3.89 | 2023 | +6.07% | +1.96% | View data |
| 8 | 8 Sweden | 3.8 | 2023 | +6.63% | +0.69% | View data |
| 9 | 9 Slovakia | 3.32 | 2023 | +1% | +2.8% | View data |
| 10 | 10 Hungary | 3.04 | 2023 | +1.56% | +3.34% | View data |
