Automotive industry | History, Overview, Definition, …
WebMay 7, 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.
Automotive industry worldwide - statistics & facts | Statista
WebThe automotive manufacturing industry generated approximately 2.52 trillion U.S. dollars in revenue in 2022, a decrease from 2021. However, this market size is expected to grow in 2023. However...
Automotive industry after COVID-19 | McKinsey
WebJuly 16, 2021 | Article. (3 pages) The automotive industry pumped the brakes hard in the early months of the global COVID-19 pandemic. The effects began in China, where sales plunged 71 percent in February 2020; by April, sales had dropped 47 percent in the United States and dived 80 percent in Europe. But the industry’s engines never stopped ...
Reimagining the auto industry’s future: It’s now or never
WebOct 27, 2020 · Reimagining the auto industry’s future: It’s now or never | McKinsey. Electric mobility, driverless cars, automated factories, and ridesharing —these are just a few of the major disruptions the auto industry faced even before the COVID-19 crisis. Now with travel deeply curtailed by the pandemic, and in the midst of worldwide factory ...
Automotive industry in the United States - statistics & facts
WebAutomotive industry in the United States - statistics & facts. At just under 6.6 million kilometers in 2020 (approximately 4.1 million miles), the United States boasted the most extended road...
Automotive revolution – perspective towards 2030 | McKinsey
WebJan 1, 2016 · 1. Driven by shared mobility, connectivity services, and feature upgrades, new business models could expand automotive revenue pools by about 30 percent, adding up to $1.5 trillion. The automotive revenue pool will significantly increase and diversify toward on-demand mobility services and data-driven services.
Automotive industry - Wikipedia
WebThe 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).
What's ahead for the auto industry in 2022? - NBC News
WebJan 1, 2022 · What's ahead for the auto industry in 2022? After a year plagued by chip shortages, plant shutdowns and skyrocketing car prices, what will this year hold? A GMC Hummer EV truck at a General Motors ...
Latest Automotive Industry News | Automotive News
WebThe latest news from the North American automotive industry, focusing on auto dealers, dealership buy/sell, manufacturing, executive changes, earnings, mergers and acquisitions and more.
Automotive industry trends: PwC
WebEV penetration in the US is expected to increase to 30% by 2030 (from about 5% currently) and hit 41% globally (from about 10% now), according to PwC’s auto industry forecast. And, by 2029, auto OEMs globally are forecast to launch over 1,000 BEV nameplates (nearly doubling the number in 2022), with North America accounting for about 170 ...
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