Volume index of production in Europe: motor vehicle manufacturing 2020

In April 2020, the motor vehicle manufacturing industry across the 27 European member states had a volume index of 16.9 compared with the 2015 baseline of 100. The European motor vehicle manufacturing industry has almost 14 million employees on the payroll.

2020 vehicle production outlook

The production index decreased in virtually all countries, indicating that the production outlook for 2020 is bleak for the millions of people working in the vehicle manufacturing sector. The COVID-19 pandemic forced factories to stop production in April, and manufacturing facilities in most vehicle producing regions have been affected. Europe had become the active center of the outbreak in mid-March. By July, many factories reopened but at reduced capacities. That said, vehicle production throughout 2020 will be dependent on how well nations manage to come out of the lockdown which continues to affect millions of people. Manufacturing firms across Europe are relying on state aid to pay furloughed workers and prevent long-term plant closures.

Volume index of motor vehicle production in selected European markets between April 2018 and 2020

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Source

Release date

June 2020

Region

EU

Survey time period

April 2018 to 2020

Supplementary notes

2015 was set as the base year (2015=100)
Motor vehicle production includes finished motor vehicles and bodies, trailers, and semi trailers, as well as parts and accessories.
Go to Classification of economic activities - NACE Rev.2 and select code C29.

Seasonally and calendar adjusted data.

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