Automobile 2020

Business Aspects of Automotive Industry

The automotive industry is a wide 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. Around the world, there were about 806 million cars and light trucks on the road in 2007, consuming over 980 billion litres (980,000,000 m3) of gasoline and diesel fuel yearly. With the total global production at 89,747,430 commercial vehicles, 2014 saw the highest output of the global automotive industry ever. Several aspects of the automotive industry have been deemed critically important like Business Aspects of automotive Industry, Financial aspects of automotive industry, Global Powerhouses in automotive industries, Potential high value products and innovative strategies, Auto Recalls - Impact on automotive industry and its management, Automotive Industry Statistics, Automotive industry Analysis, Automotive industry standards and regulations, Automotive Industry – Europe market etc.