Automotive industries are not restricted to any particular physical region and they need their presence throughout the world. Compared to other countries, the US enjoys the first place with regard to the industry of automotive, and possess the leading automotive engineering in the whole world. Top-rated automotive manufacturing industries like Ford, Toyota, Honda, Benz and Chrysler, all have their more number of assembly go-downs within the US borders. On the other hand, China and India are the best ones that experienced quick growth in past decades in revenue precincts. After US, India, and China, the countries like South Korean and Japanese were worth naming in automobile industries as they appear as the highest rising market for automotive commodities as well.
The methods involved behind this vehicle production mostly differentiate between companies, car models, makes and vehicle types. Usually, cars and other motor vehicles are made in huge factories wherein machine automation, equipment and human activities are combined together to amass the cars as fast as possible. Generally, every component of the car is built separately and finally with everything fixed together into the major framework as it go down the fabrication line. The main motto of this automotive industry would be the effectiveness of creation and accurately how perfectly the general procedure and work will be based on the vehicle and the company itself.
Historically, automotive industries development commenced with the invention of the combustion feasible engine. By the year 2000, automobiles made their existence at all corners of the world, with many automobile manufacturing industries adhering to the expectations and demands of its huge consumer base. At present investment on green and smart cars are in high demand as these cars provide superior point of safety, sustainability, and convenience than ever before.
Same as other industries in the world, the Automotive companies are must adhere to the governmental regulations that change for every country and sometimes for every state. Most of these government rules and regulations are linked to emission levels, vehicles imports vehicle safety, consumer protection and fuel economy. They also include taxes, trade barriers numbers, import duties, tariffs that mainly impact global automotive dealings. For instance, the government rules that the automotive industry should go after in the United States of America include the corporate fuel economy and FMVSS (Federal Motorvehicle Safety Standards) regulations.
More Complaints about traffic congestion, auto safety, and auto pollution made the government to pass the regulations in the 1970s, forcing all the auto manufacturing industries to improve the fuel efficiency and safety of the vehicles. Automotive companies are now experimenting with cars powered by such alternative energy sources as electricity, natural gas, solar power and hydrogen fuel cells. At present, most of the automotive industries are producing best electric cars and diesel to enhance their sales.
At present, one of every five US businesses is dependent on the distribution, production, manufacture, servicing, or use of motor vehicles. Receipts of this automotive firms represent more than ⅕ the of the country’s wholesale business. For other countries, these proportions are bit smaller. However, Japan, South Korea, and Western European countries are rapidly approaching the level in the USA.