Austria has established itself as a highly qualified driving force behind automotive developments and innovative mobility concepts. In its role as an automotive powerhouse, the Alpine Republic features a high level of attractiveness for international automotive companies thanks to its top-notch quality as a business location and optimally trained skilled employees. Not least due to its intensive commitment to the Austrian business location, the automobile manufacturing sector including the component supplier industry ranks among Austria’s three top industrial sectors, and secures every ninth job in the country. Intensive research work is being done as the basis for developing sustainable future-oriented concepts of automotive mobility, from alternative drive systems to energy-saving lightweight vehicles.
Austria’s automotive component suppliers have gained a reputation as reliable partners against the backdrop of tough competition. Hardly any vehicles in the world today leave the assembly lines without components “Made in Austria”. AVL List, Miba, Pankl Racing and TTTech are only a few examples of Austrian companies which have become indispensable in the automobile industry.
The automotive stronghold of Austria in figures:
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2.7 million cars have been produced in Austria since 1980.
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104,000 vehicles rolled off Austria’s assembly lines in 2015.
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2.4 million engines and transmissions are manufactured in Austria each year.
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EUR 43 billion in revenue is generated directly each year by Austria’s entire automobile sector.
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EUR 8.4 billion in investments over the last 25 years have been designed to promote the development of Austria’s automobile industry.
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EUR 19,650 in research for every job is spent each year in Austria’s automotive industry.
Source: Association of the Austrian Vehicle Industry, Statistical Yearbook 2015, also refer to: www.fahrzeugindustrie.at
