5 Facts About the Automotive Industry


The automotive industry is a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles, some of them are called automakers.

A motor vehicle is a self-propelled road vehicle and off-road vehicle, commonly wheeled, that does not operate on rails, such as trains or trams and used for commercial purposes on the highways in the transportation of passengers, or passengers and property.

Manufacturing is the value added production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.

Design is the creation of a plan or convention for the construction of an object, system or measurable human interaction.

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It is one of the world's most important economic sectors by revenue.

In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.

One classical breakdown of economic activity distinguishes three sectors:

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The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user, such as automobile repair shops and motor fuel filling stations.

An automobile repair shop is a repair shop where automobiles are repaired by auto mechanics and technicians.

A filling station is a facility that sells fuel and engine lubricants for motor vehicles.


The term automotive was created from Greek autos, and Latin motivus to represent any form of self-powered vehicle.


This term was proposed by SAE member Elmer Sperry.

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