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The automotive industry has become a vital element in the economy of the industrialized countries.

Motor vehicles are also a major component of international trade and foreign direct investment between countries.

Automotive Industry

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


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.



Economic Sectors:

Primary Sector: Raw Materials

Secondary Sector: Manufacturing

Tertiary Sector: Services

Quaternary Sector: Information services

Quinary Sector: Human Services








​​Detailed Industries within the Automotive Industry

Manufacturing

Motor Vehicles and Parts Manufacturing

Motor Vehicles Manufacturing

Motor Vehicle Bodies and Trailer

Motor Vehicle Parts Manufacturing







​​Wholesale Trade

Motor Vehicle and Parts Wholesalers

 
Retail Trade

 Motor Vehicle and Parts Dealers

Automobile Dealers 

Other Motor Vehicle Dealers 

Auto Parts, Accessories, and Tire Stores

 

 
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Other Services

Automotive Repair and Maintenance 


Automakers around the globe are also engaged in developing new technologies and products.