In 2012, three groups of countries represented 90% of total turnover for automotive manufacturers and suppliers worldwide. Germany and France lead this group, followed closely by Japan and South Korea and, lastly, the United States. Through analysis of financial reports and interviews with key decision makers from the automotive industry, Mazars investigated the factors driving performance of these two automotive leaders.
To support global manufacturers, Germany and France have built a solid network of dynamic and innovative suppliers. These actors are at the core of the challenges that the automotive industry faces and help to build its new ecosystem.
Mazars conducted a study investigating the factors underlying the performance of two key automotive players: France and Germany.
“The French have been forced to sell internationally, so we have benefited from increased sales in the United States and China. The Germans stay more local.” - French supplier
Mazars wanted to put the spotlight on German and French suppliers by comparing their positions, results and growth forecasts. This study highlights the different mechanisms underlying their performance and identifies expected developments in 2014 and beyond. This is based on a thorough analysis of the financial results of 30 major German and French automotive OEMs and suppliers and individual interviews conducted by Mazars leaders.
“German suppliers generate additional income through patent-protected innovations.” - German supplier
The findings are rich on both sides.
How do the French and German automotive industries compare?
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David Chaudat Partner, Global Head of Industry sector - Paris, France