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Stuttgart

Overview of the Stuttgart automotive sector

Stuttgart is one of the German automotive industry's most significant and time-honoured cities. It is considered the birthplace of the whole automobile industry. This is particularly true for the German segment. It is also one of the sector's primary production and manufacturing regions. This applies both locally and globally. This is due to the segment's high export orientation and production volume characteristics. For instance, the city features over 352,100 motor vehicles. Furthermore, the region produces approximately 14% of the country’s automotive turnover. One such example is a recent report. Stuttgart automotive cluster, for example, has generated around 85 billion EUR in recent years. It is also the sector with the highest specialisation and employment in the region. This is because 17% of the region’s skilled labour is employed in the automotive cluster. This results in 220,500 specialists working in this segment.

Where do many of the specialists operate, and are they government-funded?

Many specialists work in the three leading companies of Stuttgart’s automotive sector. Such companies are often part of government-funded cluster management and promotion organisations. These include aiding in promoting the Stuttgart region. This includes positioning it as a leading location for providers of new technologies. Often, such novel solutions are presented during annual trade expositions. Such events attract tens of thousands..