Apply now! - Kirchhoff Group
Apply now! - Kirchhoff Group
Apply now! - Kirchhoff Group
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Markets: Review K>MOBIL 31 // KIRCHHOFF Automotive<br />
vehicles business over the last four years is also<br />
continuing to benefit KIRCHHOFF Automotive with<br />
increasing significance. As both manufacturers and<br />
sub-suppliers were producing at maximum capacity<br />
in 2007, the growth rate was ”only“ 10 %. The<br />
market, however, could have assimilated an even<br />
greater figure.<br />
The success of the German automotive and subsupplier<br />
industries would not have been possible<br />
without the sustained high level of new investment.<br />
Investment figures of over 10 billion euros<br />
were 15% higher than those of the previous year.<br />
The total of over 100 billion euros in investments<br />
made by German car manufacturers and sub-suppliers<br />
represents over one fifth of total industrial<br />
investment volume. These investments reflect the<br />
automotive industry’s awareness of its responsibility<br />
to both maintain and expand its role as global<br />
leader in technology.<br />
One successful point of this strategy is the fact that<br />
the automotive industry continues to be the most<br />
important source of employment in Germany. In<br />
spite of the considerable overseas growth, KIRCH-<br />
HOFF Automotive has still been able to maintain<br />
and secure employment for its staff in Germany.<br />
Together with our customers we look towards the<br />
future with great optimism. Experts predict that by<br />
the year 2014 domestic and foreign manufacturers<br />
will be producing approximately 900,000 more<br />
cars in German plants than in 2006 and that by<br />
2020 the worldwide production of cars and light<br />
commercial vehicles will increase to over 90 million<br />
units. This growth, however, will be more likely<br />
to take place in the new markets of Eastern Europe,<br />
China and India than in the traditional producing<br />
countries of USA, Japan and Western Europe.<br />
With its development, production and plant location<br />
strategies, KIRCHHOFF Automotive feels well<br />
equipped to meet this future challenge. Without<br />
the automotive industry Germany would not be<br />
world champion in exports.<br />
Without this key industry Germany would not have<br />
experienced the clear recovery on the employment<br />
market and total economic growth would have<br />
been far lower.<br />
(Source: VDA)<br />
Ulrich G. Schröder<br />
Production line<br />
Chassis structures<br />
t 09
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