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Milestones and Mileage: Insights into the Automotive Industry - Top PR News

The success of Europe depends on the automotive sector. For 13.8 million Europeans, or 6.1 percent of all employed Europeans, the automotive industry provides direct and indirect employment. The direct manufacture of motor vehicles employs 2.6 million people, or 8.5% of all manufacturing jobs in the EU. Europe is one of the world’s biggest auto makers, and this market represents the greatest private R&D investor. The European Commission encourages global technology harmonisation and provides financing for research and development in order to increase the appeal of the European automobile industry and maintain its technological leadership in the globe.
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