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Munich

Introduction to the Munich automotive sector

Munich is one of the leading cities in the German automotive industry. This is because the automobile is often the primary means of transport in the city. The city is also one of the industry’s time-honoured centres. It has also been a time-honoured central segment of the city's economy. Thus, the Munich automotive sector contributes significantly to Germany's turnover. For example, the city's automotive industry has generated up to 42 000 000 000 EUR in recent years. That is 7% of Germany's turnover. This is because the city's automotive industry is a leading regional producer. For example, manufacturers in Bavaria produce a fourth of every ten automobiles. This is because there are over 600 automotive companies. These include various manufacturers, service providers, suppliers, and research institutes. These include many leading firms, including Fortune 500 companies.

Is the sector innovative and extensive?

The city features 14 universities and technical colleges. They partner closely with the city’s automotive sector. Among the steps is maintaining the skills of more than 50,000 automotive specialists. This also includes researching potential innovations. This enables the industry to adapt to the latest challenges and remain competitive. For instance, they have enabled Bavaria to improve its sustainability. This is because 80% of the city and region’s enterprises are changing their focus. Often, companies present related innovations during annual trade expositions. Such events attract hundreds of thousands of participants.