Automotive industry in Austria

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.

Europe’s most diverse testing environment for autonomous driving, the world’s lightest and most efficient high-performance batteries for electromobility and the promotion of the use of artificial intelligence are among the focal points in Austria in the field of mobility. More than 1,600 patents were registered in the automotive sector in the period 2011 – 2015.

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:

  • 2.4 million cars have been produced in Austria since 1980.
  • Every 9th job is in the automotive sector
  • The export ratio is 90 % for vehicles assembled in Austria
  • 25.5 billion € poruction value in the vehicle industry
  • F & E expenditures of 11.3 billion € 
  • 21.500 € F & E expenditures per person employed

Source: Association of the Austrian Vehicle Industry, Statistical Yearbook 2017, also refer to: www.fahrzeugindustrie.at

 

Please find more information on Automotive in Austria here.