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 ?
The inability to accurately project raw material prices will be one of the most significant dilemmas For the automotive industry over the next Few years.
The Canadian automotive industry, which is in the middle of a severe cyclical downturn, is also looking to address the problem of excess supply.
From Mechanical to Electronic: Opportunities Abound for EMS Providers in the Automotive Industry
In the first quarter of 2005, profits of automotive industry decreased about 10 billion Yuan year on year, down by 60%.
The Automotive Industry Education Foundation's Founding Donors Campaign will seek to raise $5 million dollars through personal appeals made to the public, to major corporations, and by Foundation supporters to their networks of contacts in the automotive industry.
The report provides objective analysis on Asian Automotive industry to explore the potential opportunities and challenges faced by the industry.
By integrating DealerLOGIX into our marketing solution, DiversiForm will continue to solidify its position as an innovator of dynamic marketing solutions to the automotive industry," said Gus Hill, Vice President of DiversiForm.
Low cost Vehicles are driving the growth of the automotive industry in emerging economies, such as China & India.
This ability coupled with regulatory pressures is likely to stimulate the automotive industry to begin utilizing fuel cells, initially in fleet vehicles and later in passenger cars as well as trucks.
This is contributing to significant revenue growth in the mass production-based automotive industry, particularly in the Asia Pacific region.
According to the official statistics, over the past few years, some hundred billion has been invested in automotive industry and 23 provinces have engaged in the production of saloon cars.

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