Automotive industry
hideThe automotive industry designs, develops, manufactures, markets, and sells the world's motor vehicles. In 2008, more than 70 million motor vehicles, including cars and commercial vehicles were produced worldwide.
In 2007, a total of 71.9 million new automobiles were sold worldwide: 22.9 million in Europe, 21.4 million in Asia-Pacific, 19.4 million in USA and Canada, 4.4 million in Latin America, 2.4 million in the Middle East and 1.4 million in Africa. The markets in North America and Japan were stagnant, while those in South America and Asia grew strongly. Of the major markets, Russia, Brazil, India and China saw the most rapid growth.
About 250 million vehicles are in use in the United States. Around the world, there were about 806 million cars and light trucks on the road in 2007; they burn over 260 billion gallons of gasoline and diesel fuel yearly. The numbers are increasing rapidly, especially in China and India. In the opinion of some, urban transport systems based around the car have proved unsustainable, consuming excessive energy, affecting the health of populations, and delivering a declining level of service despite increasing investments. Many of these negative impacts fall disproportionately on those social groups who are also least likely to own and drive cars. The sustainable transport movement focuses on solutions to these problems.
In 2008, with rapidly rising oil prices, industries such as the automotive industry, are experiencing a combination of pricing pressures from raw material costs and changes in consumer buying habits. The industry is also facing increasing external competition from the public transport sector, as consumers re-evaluate their private vehicle usage. Roughly half of the US's fifty one light vehicle plants are projected to permanently close in the coming years with the loss of another 200,000 jobs in the sector, on top of the 560,000 jobs lost this decade. As a result, in 2009, China became the largest automobile market in the world.
For more information about Automotive industry, read the full article at
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News tagged with automobile industry
GM says Volt will be landmark fuel savings vehicle
Aug 11, 2009 |
3.6 / 5 (12) |
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Troubled auto giant General Motors said Tuesday its new electric sedan, the Chevrolet Volt, will be marketed in 2011 as the first mass produced vehicle capable of achieving three-digit fuel savings.
Japan may add noise to quiet hybrid cars for safety
Jul 03, 2009 |
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Japan's near-silent hybrid cars have been called dangerous by the vision-impaired and some users, prompting a government review on whether to add a noise-making device, according to an official.
From cars to cancer: Researcher employs auto industry tools for tumor therapy
May 06, 2009 |
2 / 5 (1) |
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An effort is under way at the University of Houston to use technologies with origins in the automobile industry to develop new tools that will help doctors and technicians better plan radiation therapy for ...
ONR and GM partner to test advanced fuel cell vehicles of the future (w/Video)
Mar 18, 2009 |
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As the global automobile industry considers alternative energy sources to replace the traditional internal combustion engine, Jessie Pacheco, a mail clerk at Camp Pendleton, has been making his rounds to Marines ...
Search results for automobile industry
Half of Euro online travel purchases legally unsafe: EU
8 hours ago |
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More than half of all people who buy flights, hotel rooms and hire cars online risk being left without compensation if companies fail under outdated law, the EU said Thursday.
Nanowires key to future transistors, electronics
10 hours ago |
4.8 / 5 (5) |
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(PhysOrg.com) -- A new generation of ultrasmall transistors and more powerful computer chips using tiny structures called semiconducting nanowires are closer to reality after a key discovery by researchers ...
Obama to plead US case at global warming summit
16 hours ago |
2 / 5 (4) |
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(AP) -- President Barack Obama will commit the United States to substantial cuts in greenhouse gas pollution over the next decade - despite resistance in Congress over higher costs - when he travels to a ...
New guidelines for broadcasters on user-generated content
17 hours ago |
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For the first time guidelines are to be published on how broadcasters around the world can encourage audiences to produce better quality user-generated content and to improve media and information literacy.
Web sites aim to survive with hyperlocal focus
Nov 25, 2009 |
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Finding a financially viable way to provide local news is a challenge large metropolitan newspapers are confronting. But a Coral Gables, Fla., Web site is among a few locally with faith it can succeed.
Suggestions for tech-happy holidays
Electronics / Consumer & Gadgets
Nov 25, 2009 |
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The holiday season is as much a time for tech as for toys. Electronic gadgets are at the top of many wish lists and account for an ever-growing share of holiday shopping budgets. Fortunately for shoppers, tech gifts don't ...
Beer Here
Nov 25, 2009 |
4 / 5 (1) |
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(PhysOrg.com) -- Drinking beer is a simple act, but making beer is not. It starts out with genetics and tens of thousands of barley varieties and ends with a clear ambrosia that belies the time, effort and technology that ...
US online ad revenue down 5.4 pct in third quarter
Nov 25, 2009 |
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(AP) -- Online advertising revenue in the U.S. fell 5.4 percent in the third quarter from a year ago, as the sputtering economy kept its tight grip on even the fastest growing segment of industry, according to a report released ...
Researchers discover biological basis of 'bacterial immune system'
Nov 25, 2009 |
4.7 / 5 (3) |
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Bacteria don't have easy lives. In addition to mammalian immune systems that besiege the bugs, they have natural enemies called bacteriophages, viruses that kill half the bacteria on Earth every two days.
UNAIDS: Sex main cause for HIV spreading in China
Medicine & Health / HIV & AIDS
Nov 25, 2009 |
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(AP) -- The virus that causes AIDS is now spreading fastest in China through heterosexual sex, a trend demanding new strategies to stave off a rebound in the epidemic after years of progress in containing ...
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