Automotive industry designs, develops, manufactures, markets, and sells motor vehicles, and is one of the most important sector in the world economy with revenue. This term does not usually include the automotive industry is dedicated to the car after delivery to a customer, such as workshops and motor fuel filling stations.
About 250 million vehicles currently in use in the United States. Worldwide, there are about 806 million cars and light trucks on the road in 2007, consuming more than 260 billion gallons of gasoline and diesel each year. According to the opinion of some, urban transport systems based around the car has proven unsustainable, excessive energy consumption, which affects public health, and provide a level of service despite the reduction in the increase of investment. Many of these negative impacts fall disproportionately on social groups are also least likely to have and encourage sustainable transport cars.The movements focused on solutions to this problems.
Detroit branch of the Boston Consulting Group predicts that, in 2014, one third of world demand will be in the four BRIC markets. Other potentially strong automotive market is Iran and Indonesia.
It is common for car manufacturers to hold stakes in other automobile manufacturers. This ownership can be explored under the detail for each company.