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Automotive industry

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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 industries by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user, citation needed such as automobile repair shops and motor fuel filling stations. The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle. clarification needed This term, as proposed by Elmer Sperry need quotation to verify (1860-1930), first came into use with reference to automobiles in 1898.

History

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The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% of them. At that time, the U.S. had one car per 4.87 persons. After 1945, the U.S. produced about 75 percent of world's auto production. In 1980, the U.S. was overtaken by Japan and then became world's leader again in 1994. In 2006, Japan narrowly passed the U.S. in production and held this rank until 2009, when China took the top spot with 13.8 million units. With 19.3 million units manufactured in 2012, China almost doubled the U.S. production of 10.3 million units, while Japan was in third place with 9.9 million units. From 1970 (140 models) over 1998 (260 models) to 2012 (684 models), the number of automobile models in the U.S. has grown exponentially...

Safety

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Safety is a state that implies to be protected from any risk, danger, damage or cause of injury. In the automotive industry, safety means that users, operators or manufacturers do not face any risk or danger coming from the motor vehicle or its spare parts. Safety for the automobiles themselves, implies that there is no risk of damage. Safety in the automotive industry is particularly important and therefore highly regulated. Automobiles and other motor vehicles have to comply with a certain number of regulations, whether local or international, in order to be accepted on the market. The standard ISO 26262, is considered as one of the best practice framework for achieving automotive functional safety. In case of safety issues, danger, product defect or faulty procedure during the manufacturing of the motor vehicle, the maker can request to return either a batch or the entire production run. This procedure is called product recall. Product recalls happen in every industry and can be pro...

Economy

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In 2007, there were about 806 million cars and light trucks on the road, consuming over 980 billion litres (980,000,000 m3) of gasoline and diesel fuel yearly. The automobile is a primary mode of transportation for many developed economies. The Detroit branch of Boston Consulting Group predicted that, by 2014, one-third of world demand would be in the four BRIC markets (Brazil, Russia, India and China). Meanwhile, in the developed countries, the automotive industry has slowed. It is also expected that this trend will continue, especially as the younger generations of people (in highly urbanized countries) no longer want to own a car anymore, and prefer other modes of transport. Other potentially powerful automotive markets are Iran and Indonesia. Emerging automobile markets already buy more cars than established markets. According to a J.D. Power study, emerging markets accounted for 51 percent of the global light-vehicle sales in 2010. The study, performed in 2010 expected this trend ...

World motor vehicle production

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By year edit Year Production Change Source 1997 54,434,000 — 1998 52,987,000 2.7% 1999 56,258,892 6.2% 2000 58,374,162 3.8% 2001 56,304,925 3.5% 2002 58,994,318 4.8% 2003 60,663,225 2.8% 2004 64,496,220 6.3% 2005 66,482,439 3.1% 2006 69,222,975 4.1% 2007 73,266,061 5.8% 2008 70,520,493 3.7% 2009 61,791,868 12.4% 2010 77,857,705 26.0% 2011 79,989,155 3.1% 2012 84,141,209 5.3% 2013 87,300,115 3.7% 2014 89,747,430 2.6% 2015 90,086,346 0.4% 2016 94,976,569 4.5% 2017 97,302,534 2.36% 2018 95,634,593 1.71% 2019 91,786,861 5.2% By country edit The OICA counts over 50 countries which assemble, manufacture or disseminate automobiles. Of that figure, only 14 countries ( boldfaced in the list below) currently possess the capability to design original production automobiles from the ground up. Top 20 motor vehicle producing countrie...

Company relationships

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This section does not cite any sources . Please help improve this section by adding citations to reliable sources. Unsourced material may be challenged and removed. ( April 2016 ) (Learn how and when to remove this template message) Stake holding edit It is common for automobile manufacturers to hold stakes in other automobile manufacturers. These ownerships can be explored under the detail for the individual companies. Notable current relationships include: citation needed Daihatsu holds a 25% stake in Perodua. Daimler holds a 10.0% stake in KAMAZ. Daimler holds an 89.29% stake in Mitsubishi Fuso Truck and Bus Corporation. Daimler holds a 3.1% in the Renault-Nissan Alliance, while Renault-Nissan Alliance holds a 3.1% share in Daimler AG. Daimler holds a 12% stake in Beijing Automotive Group, Daimler holds an 85% stake in Master Motors. Dongfeng Motor holds a 12.23% stake and a 19.94% exercisable voting rights in PSA Groupe. FAW Group owns 49% of Haima Automobile. FCA holds...

Top vehicle manufacturing groups by volume

The table below shows the world's 10 largest motor vehicle manufacturing groups, along with the marques produced by each one. The table is ranked by 2016 production figures from the International Organization of Motor Vehicle Manufacturers (OICA) for the parent group, and then alphabetically by marque. Joint ventures are not reflected in this table. Production figures of joint ventures are typically included in OICA rankings, which can become a source of controversy. Marque Country of origin Ownership Markets 1. Toyota (Japan) Daihatsu Japan Subsidiary Japan, Indonesia, Malaysia Hino Japan Subsidiary Southeast Asia, Japan, Americas Lexus Japan Business unit Southeast Asia, China, Japan, South Korea, Middle East, United States, Canada, Mexico (2021), Europe, India, Brazil, Costa Rica, Panama, Chile, Peru, Bolivia, Australia, New Zealand, South Africa, India Toyota Japan Division Global ( except Iran ) 2. Volkswagen AG (Germany) Audi Germany Subsid...