Automotive & Industrial are involved in the design, development, marketing, manufacturing and sales of motor vehicles. Some of them prefer to be called as “Automakers”. Automotive industries, in particular, are known to be one the biggest economic sectors from revenue’s perspective. Why won’t it be among the largest? Due to the heavy growth of innovation and technology, people are getting more and more interested in motor vehicles. Nevertheless, automotive industry doesn’t only involve selling the vehicles only; they also have business regarding the automobile repair shops and fuel filling stations as well.
As we already know, the bigger the industry, the bigger the responsibility. Automotive industries have to spend good amount of money on ensuring safety standard. The safety doesn’t consist of vehicles they produce only. The safety concern is associated with the protection of the buyers, employees, i.e., for everyone. They have their certain rules and regulations to ensure the safety standard. All the people involved with the automotive business are required to agree the regulations and policy standard.
If we look at the economy standard, most of the automotive industries are earning billions every year, and the trend is increasing. Among the manufacturing countries, China is leading in vehicles production with approximately 29,015,434 units of motor vehicles production per year (Source: Production Statistics, OICA), with the USA, and Japan coming 2nd and 3rd, respectively. Among the top manufacturing countries, Japanese countries are considered to be the most reliable one based on the customer’s satisfaction. However, Germany was found to be the largest manufacturers by production, according to a report in 2016. Their Volkswagen Group produced roughly 10,405,092 vehicles in that particular year (Source: Wikipedia). Japan-owned Toyota, and Hyundai of South Korea are in 2nd and 3rd place, respectively.
Purchasing automobile online has become easier nowadays. People just need to select the car they wish to drive, and complete the payment procedure, which may have different rules based on the brand. You can consider looking for Automotive & Industrial coupons to get some massive discounts. It will certainly reduce the price of the vehicle.