E&M

The automotive industry is a central sector for the European economy, both in terms of its contribution to the generation of economic value (estimated at around 4% of European GDP) and the direct or indirect employment of over 12 million people. The importance of the industry for European and national economies makes competitiveness and sustainability fundamental priorities for policymakers. In a context characterized by increasing competitive pressure and a reconfiguration of the competitive landscape, it is recognized that the competitiveness of the automotive sector is driven by dynamics of technological innovation, in both product and process.