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Value added of the motor vehicle manufacturing industry in the EU-27 2014-2020

Published by
Mathilde Carlier,
Sep 26, 2023
The value-added at factor cost in the European Union's motor vehicle, trailer, and semi-trailer sector decreased to nearly 172.8 billion euros in 2020 amid the COVID-19 pandemic. According to the source, factor cost refers to gross income from operating activities after adjusting for operating subsidies and indirect taxes.

Motor vehicle, trailer, and semi-trailer manufacturing value added at factor cost in the European Union between 2014 and 2020 (in million euros)

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Release date

2023

Region

Europe

Survey time period

2014 to 2020

Supplementary notes

Motor vehicle manufacturing refers to NACE C29 and includes trailer and semi-trailer manufacturing.

“Factor cost” refers to gross income from operating activities after adjusting for operating subsidies and indirect taxes.

* Estimated data.

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