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Automotive Industry
(redirected from car maker)

   Also found in: Dictionary/thesaurus, 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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French car maker Renault will invest 240 million euros (358 million dollars) in its struggling Russian partner Avtovaz, Russia's biggest auto manufacturer, an Avtovaz executive said on Friday.
The takeover of German car maker Opel by Canadian car parts maker Magna has raised concern among competitors who do not want to see a key supplier transformed into a direct rival.
The Birmingham-based firm collapsed in 2005, which led to the loss of 6,000 jobs at the car maker and many more at affected suppliers and dealers.
 
 
 
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