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The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue (from 16% such as in France up to 40% to countries like Slovakia).
The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. [1] [2] [3] As of 2023, India is the 3rd largest automobile market in the world in terms of sales. [4]
Jun 5, 2024 · Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. The industry’s principal products are passenger automobiles and light trucks.
Explore the dynamics of India's automotive industry companies. Discover the latest growth trends, investments, and opportunities in the auto sector.
Is the global automotive industry experiencing an economic downturn? High inflation rates and raw material price increases recorded throughout 2022 and 2023 have challenged the industry,...
Mar 25, 2024 · The automotive industry in India has come a long way from the 1950s when the annual production of vehicles was limited to 40 thousand. Early stages of production were confined to the three leading...
Oct 27, 2020 · Auto-industry incumbents face rapidly growing and hugely inventive tech players—from EV makers to autonomous vehicle (AV) innovators—whose leaps and pivots are leaving their slower-moving peers in the digital dust.
