Automotive Industry

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Automotive Industry

A division of manufacturing that produces, builds, and sells motor vehicles. As driving became more common in the early and mid-20th century, the automotive industry expanded significantly. In the early 21st century, it continued to expand in South America, China, India, and other newly developed countries, though it has stagnated in older markets like the United States and Japan. Most automobiles operate on an internal combustion engine, the use of which has become increasingly controversial because of concerns about emissions.
References in periodicals archive ?
TEHRAN (FNA)- The 2nd Iranian Auto Industry International Conference was held on December 1st 2014 in the Khalij-e Fars Hall of Milad Tower in Tehran.
This was the steepest drop in monthly sales experienced by the local auto industry since last September, when sales skidded 11.
By this SRO the taxes collected are far less than the normal Tax regime or the revenues collected from local auto industry.
The Minister said that Fiat suppliers in Serbia employ 1,200 workers, while the whole Serbian auto industry engages a total of 4,000 workers.
Bana has appealed to the government to declare Auto Industry as a "Key Industry", as it provides livelihood to over 5% of the country's population, saves valuable foreign exchange and contributes almost 3% of GDP.
Car manufacturers told the minister about the various socio-economic problems the auto industry was facing.
DETROIT (AP) -- After Jerry Tester lost his job as a contract engineer at General Motors, it soon became clear that the struggling auto industry wouldn't be the place where he would work again.
Things have changed in the auto industry since last summer.
Senate's rejection the previous day of a 14 billion bailout bill for the struggling auto industry.
The auto industry still remains one of the most vital to the success of the U.
Indeed, in better times for the auto industry it was often said, "As GM goes, so goes the nation.
The company plans to capitalize on a technology that will allow it to compete for the more lucrative auto industry market.