The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. [ citation needed ] such as automobile repair shops and motor fuel filling stations.It is one of the world's largest industries by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user,
The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle.[ clarification needed ] This term, as proposed by Elmer Sperry [ need quotation to verify ] (1860-1930), first came into use with reference to automobiles in 1898.
This section needs to be updated.(January 2021)
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. At that time, the U.S. had one car per 4.87 persons.After 1945, the U.S. produced about 75 percent of world's auto production. In 1980, the U.S. was overtaken by Japan and then became world leader again in 1994. In 2006, Japan narrowly passed the U.S. in production and held this rank until 2009, when China took the top spot with 13.8 million units. With 19.3 million units manufactured in 2012, China almost doubled the U.S. production of 10.3 million units, while Japan was in third place with 9.9 million units. From 1970 (140 models) over 1998 (260 models) to 2012 (684 models), the number of automobile models in the U.S. has grown exponentially.
Early car manufacturing involved manual assembly by a human worker. The process evolved from engineers working on a stationary car, to a conveyor belt system where the car passed through multiple stations of more specialised engineers. Starting in the 1960s, robotic equipment was introduced to the process, and today most cars are produced largely with automated machinary.
Safety is a state that implies to be protected from any risk, danger, damage or cause of injury. In the automotive industry, safety means that users, operators or manufacturers do not face any risk or danger coming from the motor vehicle or its spare parts. Safety for the automobiles themselves, implies that there is no risk of damage.
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 regulations, whether local or international, in order to be accepted on the market. The standard ISO 26262, is considered as one of the best practice framework for achieving automotive functional safety.
In case of safety issues, danger, product defect or faulty procedure during the manufacturing of the motor vehicle, the maker can request to return either a batch or the entire production run. This procedure is called product recall. Product recalls happen in every industry and can be production-related or stem from the raw material.
Product and operation tests and inspections at different stages of the value chain are made to avoid these product recalls by ensuring end-user security and safety and compliance with the automotive industry requirements. However, the automotive industry is still particularly concerned about product recalls, which cause considerable financial consequences.
In 2007, there were about 806 million cars and light trucks on the road, consuming over 980 billion litres (980,000,000 m3) of gasoline and diesel fuel yearly. The automobile is a primary mode of transportation for many developed economies. The Detroit branch of Boston Consulting Group predicted that, by 2014, one-third of world demand would be in the four BRIC markets (Brazil, Russia, India and China). Meanwhile, in the developed countries, the automotive industry has slowed. It is also expected that this trend will continue, especially as the younger generations of people (in highly urbanized countries) no longer want to own a car anymore, and prefer other modes of transport. Other potentially powerful automotive markets are Iran and Indonesia. Emerging automobile markets already buy more cars than established markets. According to a J.D. Power study, emerging markets accounted for 51 percent of the global light-vehicle sales in 2010. The study, performed in 2010 expected this trend to accelerate. However, more recent reports (2012) confirmed the opposite; namely that the automotive industry was slowing down even in BRIC countries. In the United States, vehicle sales peaked in 2000, at 17.8 million units.
from Harvard Atlas of Economic Complexity
The OICA counts over 50 countries which assemble, manufacture or disseminate automobiles. Of that figure, only 14 countries (boldfaced in the list below) currently possess the capability to design original production automobiles from the ground up.
|Country||Motor vehicle production (units)|
These were the 15 largest manufacturers by production volume in 2017, according to OICA.
|4||General Motors||United States||6,856,880|
|8||Fiat Chrysler Automobiles a||Italy/United States||4,600,847|
|10||Groupe PSA a||France||3,649,742|
This is the list of the 15 largest publicly-traded car manufacturers by market capitalisation as of 15 May 2021 [update] , according to CompaniesMarketCap.com.
|Rank||Group||Reg. base||Market cap (US dollars)|
|1||Tesla||United States||$568.11 billion|
|5||General Motors||United States||$81.23 billion|
|11||Hyundai||South Korea||$52.98 billion|
|14||Ford||United States||$47.26 billion|
|15||Great Wall Motors||China||$37.10 billion|
This is the list of the 10 largest publicly-traded car manufacturers by Revenue as of 15 May 2021 [update] , according to https://companiesmarketcap.com/
|Top 10 largest motor vehicle manufacturers by revenue (2020)|
|4||Ford||United States||$127.14 B|
|6||General Motors||United States||$122.84 B|
|8|| Stellantis |
|9||Hyundai||South Korea||$94.40 B|
It is common 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:[ citation needed ]
^a These figures were before the merger of both Fiat Chrysler Automobiles and Groupe PSA; the latter of which has merged into Stellantis as of January 2021.
The Nissan Motor Company, Ltd. is a Japanese multinational automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells its vehicles under the Nissan, Infiniti, and Datsun brands. The company traces its name to the Nissan zaibatsu, now called Nissan Group.
Rebadging in the automotive industry is a form of market segmentation used by automobile manufacturers around the world. To allow for product differentiation without designing or engineering a new model or brand, a manufacturer creates a distinct automobile by applying a new badge or trademark to an existing product line.
Yulon Motor Co., Ltd. is a Taiwanese automaker and importer. Taiwan's biggest automaker as of 2010, Yulon is known for building Nissan models under license. The original romanization of the company's name is Yue Loong, but in 1992 the company renewed its logo and switched to the shorter Yulon name. Historically, it is one of Taiwan's "big four" automakers. The company has over time evolved as a holding company that encompassed multiple public entities such as Yulon-Nissan Motor, Yulon Financial, Yulon Rental, Carnival Industrial Corporation and others. The group currently has a rivalry with Hotai Motor Group as the two largest Taiwanese automotive companies.
Lists of automobile-related articles cover a wide range of topics related to cars. The lists are organized by manufacturer, region, sport, technology and so on.
Dongfeng Peugeot-Citroën, formerly Dongfeng Peugeot-Citroën Automobile Co., Ltd. (DPCA) from 1992 to 2021, is an equally owned Chinese joint venture between the automobile manufacturers Dongfeng Motor Corporation and Stellantis. Based in Wuhan, capital of Hubei province, it manufactures Peugeot and Citroën models for sale in China.
Sollers, formerly known as OAO Severstal-Auto, is a Russian company holding controlling blocks of shares of OAO Ulyanovsk Automobile Works (UAZ), Zavolzhye Motor Works (ZMZ) and OAO ZMA. The enterprises of Severstal-Auto are well-known automobile brands and occupy stable positions in their market segments.
JATCO Ltd, abbreviated from "Japan Automatic Transmission COmpany", is a company that manufactures automatic transmissions for automobiles.
The automotive industry in India is the sixth-largest in the world.
The automotive industry in China has been the largest in the world measured by automobile unit production since 2008. Since 2009, annual production of automobiles in China exceeds both that of the European Union and that of the United States and Japan combined.
Dongfeng Motor Group Co., Ltd. known also as DFG is a Chinese holding company based in Wuhan, Hubei Province. Its H shares were listed on the Hong Kong stock exchange.
TACO Faurecia Design Center Pvt. Ltd. (TFDC) was an Indo French engineering design company. It was a 50:50 joint venture between Tata AutoComp Systems Limited (TACO) of India and Faurecia Automotive Holdings of France. It provided automotive components design services exclusively to Faurecia.
This article provides an overview of the automotive industry in countries around the world.
Dongfeng Motor Corporation is a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei, China. Traditionally one of the "Big Four" Chinese automakers, Dongfeng is currently in the top four in terms of output along with Changan Automobile, FAW Group, and SAIC Motor.
The Renault–Nissan–Mitsubishi Alliance is a French-Japanese strategic alliance between the automobile manufacturers Renault, Nissan and Mitsubishi Motors, which together sell more than 1 in 9 vehicles worldwide. Originally known as the Renault–Nissan Alliance, Renault and Nissan became strategic partners in 1999 and have nearly 450,000 employees and control ten major brands: Renault, Nissan, Mitsubishi, Infiniti, Renault Samsung, Dacia, Alpine, Datsun, Venucia and Lada. The car group sold 10.6 million vehicles worldwide in 2017, making it the leading light vehicle manufacturing group in the world. The Alliance adopted its current name in September 2017, one year after Nissan acquired a controlling interest in Mitsubishi and subsequently made Mitsubishi an equal partner in the Alliance.
Dongfeng Renault Automobile Company (DRAC) or Dongfeng Renault was an equally owned Chinese joint venture between car manufacturers Dongfeng Motor Group and Renault aimed to produce and sell Renault-badged vehicles, established in 2013. The joint venture emerged from Sanjiang Renault, a previous partnership between Renault and Sanjiang Space established in 1993. Renault announced it planned to withdraw from the joint venture in April 2020.
Jiangling Motors Corporation Group Co., Ltd. (JMCG) is a Chinese state-owned holding mostly operating in the automotive industry. It was established in 1947 and is headquartered in Nanchang, Jiangxi.
The automotive industry in Egypt has been developing for 50 years. It can sell more than 200,000 vehicles annually and is now the second-largest market in Africa and the 42nd largest in the world, with an annual production output of over 70,000 vehicles. After experiencing many failures and success, the Egyptian Automotive industry is more focussing on assembly operations, rather than manufacturing.
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