BROWSE THROUGH OUR TRADE FAIRS IN MUNICH FOR AUTOMOBILE - AUTOMOTIVE INDUSTRY INDUSTRY

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-established central segment of the city's economy. Thus, the automotive sector in Munich contributes significantly to the country's turnover. For example, the automotive industry in the city has generated up to 42 000 000 000 EUR in recent years. That is 7% of the turnover in Germany. This is due to the city's automotive industry being a leading regional producer. For example, every fourth automobile is manufactured in Bavaria, including Munich. This is due to the over 600 automotive industry companies in the city and surroundings. These include various manufacturers, service providers, suppliers, and research institutes. Among them are many leading companies, including Fortune 500 ones. There are also 14 universities and technical colleges. They are in close partnership with the city’s automotive sector. Examples include 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 permitted Bavaria to improve its sustainability. This is due to 80% of the city and region’s enterprises changing their expertise focus. Often, this is done by presenting the related innovations during annual trade expositions. Such events attract hundreds of thousands of participants.