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 ?
Cutting out a significant part of the car market will not help to reduce CO2.
It added that the greater use of incentives by car manufacturers had put pressure on the used car market, as consumers saw greater value in buying new cars.
Overall, the company said it achieved a solid performance in 2006 and was well placed to expand in 2007, with prospects bright for the used car market.
Car dealership Pendragon yesterday said the acquisition of rival Reg Vardy had boosted first-half profits, despite a slowdown in the UK new car market.
Record car sales in December failed to prevent an overall slump in Britain's car market in 2005 with 5% fewer new cars registered than during 2004.
The 2001 BCA Used Car Market report estimated the average retail value of used cars at pounds 5,739.
KIA SET TO ASCENT TO THIRD LARGEST IN PASSENGER CAR MARKET.
Small car segments accounted for less than 30% of the UK passenger car market until 1999 but now hover around the 40% mark.
Director of the second-hand car market in Nasr City Amr El-Kady told Daily News Egypt that the dollar shortage has severely impacted the used-car market.
New Delhi, July 17 -- The passenger car market which is the volume driver in the Indian auto market is struggling to find the pace which it had set couple of years ago.
The Chevrolet Cruze Diesel marks the return of Detroit-based automaker General Motors to the diesel car market in the United States.
The group, which closed its Evans Halshaw Peugeot dealership in Huddersfield earlier this year, said the Government's scrappage scheme had given it optimism about a recovery in the new car market.