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 only thing Mobileye records about its origin is the brand of vehicle it came from, and that's only because of revenue-sharing agreements it has with certain auto makers.
To keep pace after losing market share in the first quarter compared with the same period in 2014, GM's main venture joined other auto makers in lowering prices.
Earlier this year, the National Highway Traffic Safety Administration has asked auto makers to provide more information on how their air bags work following the 2.
Without help from the suppliers, auto makers would not be able to keep costs down.
He added that Toyota was the world's largest auto maker because of recent problems at General Motors and would not "despair" at losing the title.
This shows that credit unions are prepared to help fill the void left by Chrysler Financial and that we are stepping up to be on the side of domestic auto makers," said David Adams, CUcorp CEO.
Industry observers say that it is unlikely Latin American auto makers will achieve these results again until 2008.
High-end auto makers like BMW and General Motors' Cadillac division are creating "smart" cars loaded with GPS systems that give voice-activated directions and sensors that automatically call for roadside assistance when air bags are deployed.
The company also said a record 600,000 Toyota vehicles were sold in Europe last year, confirming its spot as the number one Japanese auto maker in Europe.
The bottom line is that auto makers are experimenting with ad budgets to see how they can get the best bang for their buck, according to Edward Lapham, executive editor of Automotive News.
Ford sub-Saharan Africa chief executive officer Jeff Nemeth, stated that the region is set to become the auto maker s major growth point.
While the auto maker has already announced its refreshed line up of vehicles including the CNG emax range for three of its vehicles, what could really boost sales for them could be a well-designed and well-priced compact SUV.