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RACE 2050 – a vision for the European automotive industry

The European automotive sector is at the top of the global industry. It has been an economic success story and – as a major employer – it is an integral part of European society. New industry trends, however, threaten this position. In the recent study, “RACE 2050”, McKinsey provides a vision for a future-proof European mobility industry. The infographic highlights key takeaways.

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The infographic illustrates a vision for a future-proof European mobility industry.

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Revenue of the automotive industry in Romania 2015-2023
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Net profit of the automotive industry in Romania 2020-2023, by segment
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Mexico: automotive industry's foreign investment growth 2023, by sector
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