Data from greenfield investment monitor fDi Markets shows a steady decrease in the number of jobs created by foreign companies investing in Germany in the automotive original equipment manufacturing (OEM) sector since a peak in 2008. Between January 2003 and June 2012, 71 FDI projects were recorded in the sector, with aggregate capital expenditure of $5.41bn and an average investment of $76.2m per project. During this period, 13,993 jobs were created.

Job creation in German automotive OEM peaked in 2008, when 3332 jobs were created in the sector. In 2009, however, job creation decreased by 47%, with only 1770 jobs created. This trend continued into 2010 and 2011, with a decrease of 19.4% and 13.8%, respectively.


In terms of source country, the US invested the most, with capital expenditure totaling $4.19bn leading to the creation of 10,274 jobs. This was followed by South Korea, which invested $218.2m, creating 959 jobs. Japan ranked third in job creation, with 733 jobs created over the period, with $167.4m invested. US-based General Motors created 7574 jobs in the German automotive OEM sector between January 2003 and June 2012. This was followed by US-based Ford, which created 2369 jobs. South Korea-based Hyundai Motor created 959 jobs in total over the period.