I have always wanted to work in the automotive industry myself, know anything about it?
Yes, it is one of the world's most important economic sectors by revenue.
That isn't too surprising since cars are such a huge industry. What else do you know?
The automotive industry has been around for a long time, as it began in the 1890's.
That long? I never realized! How long did it take to actually become big?
Well, in 1929, before the world had to experience the Great Depression, the world has over 32 million automobiles, and the US had produced over 90 percent of them. Cool, huh?
Damn ninety percent is the vast majority! Were most of them Ford at this time?
Automotive industry in the United States
The automotive industry in the United States began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly evolved into the largest in the world. However, the United States was overtaken as the largest automobile producer by Japan in the 1980s, and subsequently by China in 2008. The U.S. is currently second among the largest manufacturer in the world by volume, with approximately 8-10 million manufactured annually. Notable exceptions were 5.7 million
Automotive industry
The automotive industry comprises 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 largest economic sectors by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user, such as automobile repair shops and motor fuel filling stations.
The word "automotive" comes from the Greek "autos" (self), and Latin "motivus" (of