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Automotive Industry
(redirected from Truck maker)

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
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.


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Jianghuai Automotive will also develop new products with NC2 Global LLC, a tie-up between Caterpillar and US truck maker Navistar International Corp, the Chinese firm said in a statement.
Swedish truck maker Volvo Group posted its biggest-ever quarterly loss on Tuesday as write-offs amounting to more than three billion kronor dented profitability.
The US military truck maker Stewart and Stevenson had a combat-proven record acknowledged to be better than that of MAN.
 
 
 
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