Auto Industry
The auto industry refers to the sector that designs, manufactures, and sells motor vehicles. This industry includes a wide range of companies, from large manufacturers like Ford and Toyota to smaller parts suppliers. It plays a crucial role in the global economy, providing millions of jobs and contributing significantly to trade.
In recent years, the auto industry has been undergoing significant changes, particularly with the rise of electric vehicles (EVs) and advancements in autonomous driving technology. Companies are increasingly focusing on sustainability and innovation to meet consumer demands and regulatory requirements, shaping the future of transportation.