The 2015-2016 Automobile Industry Pocket Guide presents an overview of the automotive industry in Europe. The industry provides employment and mobility for citizens, generates tax and trade revenue for governments, and leads the world in innovation. The sector is slowly recovering from the economic crisis of the late 2000s, with 12.1 million people working directly or indirectly in the automotive sector, producing 17.2 million vehicles a year. European automobile trade experienced a healthy trade surplus of €95.1 billion in 2014. ACEA, the representative of one of Europe’s most vital strategic industries, continues to contribute constructively to discussions with policy makers and other stakeholders to consolidate the sector’s global competitiveness. With a recovery in progress, it is now more important than ever for policy makers to drive innovation, foster growth through international trade, and build a more supportive regulatory framework.
