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European Business Sector : Automotive Industry

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EUROPEAN BUSINESS SECTOR: AUTOMOTIVE INDUSTRY

KARL ANDERSON

EUROPEAN BUSINESS ENVIRONMENT
DR. INMA RAMOS
WORD COUNT: 1500
01/04/2015
RICHMOND THE AMERICAN UNIVERSITY IN LONDON
Outline
I. Introduction
A. Members of the Automotive Industry
B. Goods and services that are offered
C. Rudimentary production statistics
D. Trading in and outside the EU
II. Internal Market
A. Achieving free movement of vehicles across the EU
B. Free movement of car sharing in the EU
C. Free movement of workers in the ACEA across the EU
D. Free movement of capital in the EU automotive industry
E. Public sector procurement of automotive vehicles and car sharing
F. The internal market being important for supply chain
G. The internal
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These members are large sized public limited companies. This led by president, Carlos Ghosn. The automotive sector works with various institutional partners and non-governmental partners with related interests. The ACEA has an enduring cooperation with the European Council for Automotive R&D (EUCAR) which is responsible for research and development of automobiles in the industry. The automotive industry has close relations with 29 national automobile manufacturers on an international scale. The members of the automotive industry are: BMW Group, Toyota, DAF, Daimler, FCA, Ford, Hyundai, Iveco, Jaguar, OPEL, PSA Peugeot Citroen, Renault, Volkswagen and Volvo Group and Volvo Corporation. The members mainly sell cars, van and buses and offer services such as car sharing (Car 2 Go and Quicar) and using telecommunication networks in the vehicles.
The automotive industry is mainly in the secondary sector of the EU economy as the automotive companies are mainly involved in the production or cars, vans and buses. There are statistics presented by (ACEA, 2015). The industry has a total production value of €681.50 billion in 2013 and this value comprises of total production of motor vehicles and total production of passenger cars. Producing motor vehicles and passenger cars in the EU accounts for 19% and 22% of worldwide production respectively. 13.6 million and 11.9 million units were registered as Producing motor vehicles and passenger cars in the EU respectively. There are 12.7
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