Environmental demand German automotive suppliers move to overseas shrinkage costs

Environmental demand German automotive suppliers move to overseas shrinkage costs

According to the German "Le Monde" report, due to environmental protection and other standards to improve, auto manufacturers must increase investment on the one hand, such as to meet the EU's requirements for vehicle exhaust emissions standards, auto manufacturers by 2020 at least need to invest 100 billion euros.

At the same time, the competition in the auto industry has been on the rise, and car manufacturers cannot simply pass on the increased costs to consumers. In order to reduce costs, more and more automakers and parts suppliers are shifting production overseas. According to a survey conducted by the German automotive industry, the German automotive industry has a salary cost of 48.8 euros, the United States 25.6 euros, Mexico 7.4 euros, and Romania as long as 4.8 euros. Daimler invested 300 million euros in Romania to build an assembly plant. By 2016, the Mercedes-Benz 9G will be assembled here.

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