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Figure of the Month

Share of the global premium-level automotive market by country of origin, 2013

Source: F. Dudenhöffer: Lassen sich "Hochkosten"-Standorte durch Premiumbranchen absichern? Erfahrungen aus der Automobilindustrie, in: ifo-Schnelldienst, Vol. 67, No. 6, 2014, pp. 26-30; own calculations.

This figure from Autonomous Driving – A Challenge for the Automotive Industry by Hubertus Bardt shows the dominance of Germany in the market for premium automobiles. Bardt argues that this dominance means that Germany is uniquely placed to benefit from the coming race towards fully autonomous vehicles in the innovation-driven premium automobile market.