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by fulafel
2233 days ago
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This hyperbole got me thinking, what is the industry size really as share of the world economy? Germany is often cited as the most heavily automotive leaning economy. WP says the industry employs around 800k people. Germany's total workforce is cited at 44 million. |
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Some of that workforce would be categorized as being in the industries of manufacturing, engineering services, chemical products, electronics, etc.
In Michigan, for example, there are many hundreds of non-automotive companies who rely on nearby automakers for virtually 100% of their contracts.