The Automobile Industry Pocket Guide for 2016-2017 provides an overview of the key industry in Europe. The industry has made a significant contribution to economic growth, innovation, and safe and sustainable mobility for Europe and its citizens. 12.2 million Europeans work directly or indirectly in the automotive sector, producing 18.4 million cars, vans, trucks and buses a year. In 2015, 15.8 million new motor vehicles were sold in the EU, with automobile trade generating a healthy trade surplus of more than €100 billion. ACEA continues to contribute constructively to discussions with policy makers and other stakeholders in order to strengthen the global competitiveness of the automobile sector and meet tomorrow’s challenges. The automotive sector invests over €44.7 billion in innovation each year, making it the EU’s largest investor.
