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 ?
Martin Schwenk, managing director & CEO, Mercedes-Benz India, said, 'As the leading luxury automobile maker in India, we have been relentlessly working on offering the best of products and industry benchmark customer service and ownership experience.
(Alliance News) - Moody's Investors Service on Wednesday changed its outlook on the debt rating of automobile maker Daimler AG to negative from stable due to a continued decline in operating performance.
The automobile maker acquired a 51 per cent share in Korean Soosung Motor Technology company to produce cranes, dumps, concrete mixer trucks and tankers in South Korea in 2013.
"He had not responded to queries from the Business Daily on the reasons behind his departure and his next venture by the time this story was published.Mr Mwangi joined the US automobile maker in 2012 and became the senior director of engineering in August last year.
The Czech automobile maker said it was feeling the pinch of imposition of five per cent customs duty in the budget on imported components.
This time Dewan Group has partnered with Kolao Group, a South Korean automobile maker that has presence in 60 countries.
Automobile maker Opel is planning to finance most of its vehicles.
A memorandum of understanding (MoU) was also inked between the Delhi Police and automobile maker Maruti Suzuki on Tuesday to implement the TSMS which will be set from Dhaula Kuan to Sarai Kale Khan in a years time.
In Munchsmunster, Germany, Audi has increased the production of lightweight aluminum die castings for the automobile maker's Q7 line of SUVs.
Bangalore, June 18 -- Swedish premium automobile maker Volvo Auto has recently launched its recent luxury hatch V-40 in India at a starting price of Rs 24.75 lakh on Wednesday.
The note is linked to the performance of the Euro Stoxx Islamic 50 (SXISLBE) Index, which includes 50 large-cap stocks in nine Euro Zone markets, including industrial goods manufacturer Philips, and automobile maker Porsche.
The seven victims were part of a business federation in Switzerland and were heading for a meeting with French automobile maker, Peugeot, not far from Mont-Beliard.

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