Germany Benefits From EU Expansion

April 2006 | Market Trend Analysis

Germany has 45mn passenger cars and 3.5mn commercial vehicles on its roads, making it the world's third-largest vehicle market after the US and Japan, with a vehicle density of 589 per 1,000 inhabitants. It is also one of the world's largest automotive producers, with output of 5.192mn passenger cars and over 377,000 commercial vehicles in 2004, representing a third of EU production. In the same year, German car manufacturers produced a total of 4.81mn vehicles in their foreign plants, bringing total world production of German cars to 13mn, or 20.7% of total world production. Vehicle exports are crucial to Germany's

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