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Automotive Industry
(redirected from Worldwide vehicle sales)

   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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Market share reports forecast the “audience” for hybrids growing to about 14% of all worldwide vehicle sales by year 2020.
Japan's FY 2008 auto output, exports post 1st drops in 7 yrs TOKYO - Japan's domestic vehicle production and exports in fiscal 2008 declined for the first time in seven years as the global economic crisis led to a serious worldwide vehicle sales slump, an industry body said Thursday.
GM, which makes Chevrolet, Saab and Vauxhall cars, among others, said worldwide vehicle sales had risen to 9.
 
 
 
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