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RACE 2050 – a vision for the European automotive industry

The European automotive sector is at the top of the global industry. It has been an economic success story and – as a major employer – it is an integral part of European society. New industry trends, however, threaten this position. In the recent study, “RACE 2050”, McKinsey provides a vision for a future-proof European mobility industry. The infographic highlights key takeaways.

Description

The infographic illustrates a vision for a future-proof European mobility industry.

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Export value of the automotive industry in Turkey 2010-2023
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Mexico: automotive industry's foreign investment growth 2022, by sector
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Revenue of the automotive industry Germany 2010-2022, by segment
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Number of employees in the automotive industry in Germany 1980-2021
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Revenue of the automotive industry in Romania 2015-2021
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Value of investments in the automotive industry in Turkey 2010-2022

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