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6 days ago · Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. The industry’s principal products are passenger automobiles and light trucks.
Automotive industry by country. This article provides an overview of the automotive industry in countries around the world. The United States was the world's largest automobile producer by volume from the early years of the 20th century until the 1980s, when it was overtaken by Japan. In 2009, China became the world's largest vehicle producer. [1]
Quick Facts. Automotive industry in the United States. A Ford Model T, built in 1927. Originally released in 1908, it was the first affordable automobile and dominated sales for years. Close. American manufacturers produce approximately 10 million units annually.
Sep 27, 2021 · The U.S. automotive sector employs over 2.8 million people and pays around $130 billion in annual compensation. Thus, its human resources also have a big impact on the economy. Economic Trends....
6 days ago · Automobile, or car, a usually four-wheeled vehicle designed primarily for passenger transportation and commonly propelled by an internal-combustion engine using a volatile fuel. Learn more about automotive design and the history of cars in this article.
Dec 20, 2023 · Automotive Industry: A Research Guide. Automotive History. Early Ford Automobile. 1908. Library of Congress Prints & Photographs Division. In the 1800s, Gottlieb Daimler, Karl Benz, Nicolaus Otto, and Emile Levassor significantly contributed to the automobile's technological advancement.
Nov 22, 2023 · The automotive industry is essential to the global economy. The "Big Three" U.S. automakers, General Motors, Ford, and Chrysler (now called Stellantis), contribute significantly to the gross domestic product of many countries worldwide and are joined by other automakers headquartered outside the United States like Toyota, Volkswagen, and Hyundai.
