Automotive

Industry
The automotive industry, automotive industry or automobile industry, is the industry involved with the design, development, manufacturing, advertising and sale of motor vehicles. In 2006, more than 69 million vehicles, including automobiles and commercial vehicles, were produced worldwide. In 2006, over 16 million automobiles were sold in the United States, over 15 million in Western Europe, and about 7 million in China.In 2007, stagnation has been observed in the markets of North America, Europe and Japan, while growth has occurred in the markets of South America, especially Brazil, and Asia, in South Korea and India.
Automotive