Automotive industry

Automotive industry refers to a range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's most important economic sectors by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user, such as automobile repair shops and motor fuel filling stations.

History

The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% of them.

Safety

Safety in the automotive industry is particularly important and therefore highly regulated. Automobiles and other motor vehicles have to comply with a certain number of norms and regulations, whether local or international, in order to be accepted on the market.

Economy

The automotive industry is a major industrial and economic force worldwide. It makes 60 million cars and trucks a year, and they are responsible for almost half the world's consumption of oil. The industry employs 4 million people directly, and many more indirectly.

Environmental impact

The manufacture of vehicles is resource intensive, and many manufacturers now report on the environmental performance of their factories, including energy usage, waste and water consumption.

Future

The automotive industry is in a very transitional period, with many people expecting fully autonomous vehicles on the road in the near future.

Production line - car assembly line in General Motors Manufacturing Poland - Gliwice, Poland
Škoda cars being transported by rail at Kutná Hora město train station, Czech Republic
Thomas B Jeffery Works Drawing
Workers in Fiat factories, Turin
IIHS Hyundai Tucson crash test
Vintage Pontiac Promotion
1975 US vehicle production share, by vehicle type
Motor Vehicle Production volume RITA T1-23
Motor Vehicle Production share RITA T1-23
World motor production (1997-2016)
2014 Cars Countries Export Treemap
Global imports and exports of cars

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