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The EU automobile industry: engine of innovation, employment, global trade and economic growth

The EU automobile industry: engine of innovation, employment, global trade and economic growth What does the EU auto industry stand for? Watch this animated video to learn everything you need to know about the importance of the automobile sector.

The automobile industry is the backbone of the European Union's economy. It is one of the EU’s major employers, Europe's largest private contributor to R&D, it generates billions in taxes, and is an engine for global trade.

But above all, the auto industry is the provider of diverse mobility and transport solutions for all. Keeping Europe, and more than 500 million Europeans, on the move.

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