automotive sector
The automotive sector refers to the industry involved in the design, development, manufacturing, marketing, and selling of motor vehicles. This sector includes a wide range of companies and organizations, from large automobile manufacturers like Ford and Toyota to smaller parts suppliers and service providers.
This industry plays a crucial role in the global economy, providing millions of jobs and contributing significantly to trade. The automotive sector is also evolving with advancements in technology, such as the rise of electric vehicles and autonomous driving, which aim to improve efficiency and reduce environmental impact.