German automotive industry
Hallo guys, today I would like to talk about the German automotive industry. Germany is well known for their dominance in the automotive industry as they are the leading auto producer in Europe since the 1960s. Germany is considered the birthplace of automobile, as motor-car pioneers Karl Benz and Nikolaus Otto independently developed four-stroke internal combustion engines in the late 1870s and then fitted it in a coach thus creating a design which would lead to the modern day automobiles. Germans are also famous for their "big three" which refers to the German trio Volkswagen, Mercedes-Benz and BMW. These companies are famous for their cars as they have a rich history spanning from the early 1900s and their cars make up 86% of the luxury midsize market. Germany is also the leading exporters of automobiles with 23% market shares.
If you want to know more about the history behind theses companies please do refer to our sub-page about it. Are German cars your thing? Please do comment in the comments sections!!.
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