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Automotive industry Totally Explained
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Everything about Automobile Industry totally explainedThe automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. In 2006 16 million new automobiles were sold in the USA, 15 million in Western Europe, 7 million in China, and 2 million in India. In 2007, the markets in Canada, USA, Western Europe and Japan are stagnating, while those in South America (especially Brazil), Eastern Europe (especially Russia), and Asia ( South Korea and India) are growing.
World motor vehicle productionCompany relationships
It isn't uncommon for automobile manufacturers to hold stakes in other automobile manufacturers. These ownerships can be explored under the detail for the individual companies.
Notable current relationships include:
World's largest vehicle manufacturing groups (by volume)
The table below gives the world's largest twenty motor vehicle manufacturing groups, along with their marques, classified as divisions and subsidiary companies. The table is ranked by parent group production volumes, using the latest OICA data with the largest producer appearing at the top of the table. The table excludes most of Chinese automakers, which commonly have joint ventures with major international manufacturers.
Further Information
Get more info on 'Automobile Industry'.
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