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 ?
These measures have badly affected the auto industry while local businessmen are suffering because auto investment has stopped and international brands have postponed launching any new product in current situation.
LAHORE -- Fast growing auto industry has plunged into crises with trends of sharp decrease in sale of locally manufactured vehicles.
Although no government official connected with the auto industry and vehicle import was willing to confirm the development, The PUNCH gathered on Tuesday that not less than 25 per cent of about 40,000 used vehicles imported through the Nigerian ports in the last two months were China-made.
KARACHI -- KIA Lucky Motors CEO Asif Rizvi admits Pakistan is facing 'very difficult times' but at the same time he cited several indicators that show Pakistan's auto industry is all set to bloom and the 'consumers will come out to be winners', he shared these views while talking to Profit on the sidelines of the launch event for KIA Sportage.
The body further said that drastic reduction in duties and sales tax will adversely affect revenue collection as the auto industry is the second largest contributor to the national exchequer.
In Pakistan, a country of 207 million people, 10,000 workers are directly employed in the auto industry and three million work indirectly either through component manufacturing, sales, after-sales service, maintenance, repair, transportation, etc.
Sherman, editor of the magazine of the Pierce-Arrow Society, offers a biography of Charles Clifton (1853-1928) that traces his role in the US auto industry and the growth of the Pierce-Arrow auto manufacturing company.
PAPS-2019 will showcase different stake holders of auto industry including machinery and raw material providers, academia, services provider, OEMs, allied industry etc.
The Commerce Department has now delivered a report to the White House that auto industry officials worry President Trump will use as a pretext to slap up to 25 percent tariffs on imported cars and car parts.
The auto industry urged President Trump's administration not to saddle imported cars and auto parts with steep tariffs, after the U.S.
In his statement issued from the office of FPCCI on Thursday he stated that the decision would affect the engineering industrialization in Pakistan particularly disaster to auto industry. EDB is playing a crucial role in promotion of engineering sector by protecting the domestic industry and facilitating the engineering sector with incentives.
In his statement issued from the office of FPCCI on Thursday he stated that the decision would affect the engineering industrialization in Pakistan particularly disaster to auto industry.EDB is playing a crucial role in promotion of engineering sector by protecting the domestic industry and facilitating the engineering sector with incentives.