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Global Automotive Components and Suppliers Expo

Global Automotive Components and Suppliers Expo

Stuttgart, Germany
3 Dec 2024 - 5 Dec 2024
Stuttgart is one of the German automotive industry's most significant and time-honoured cities. It is considered to be the place of origin of the overall automobile industry. It is, particularly, for the German segment. It is also one of the primary production and manufacturing regions of the sector. 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 EUR 85,000,000,000 in recent years. It is also one of the sectors 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. 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. Such include ones that aid 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.