The automotive industry has a particular impact on daily life for the modern man, which require fast and reliable mobility. The rapid growth in the automotive industry has had its ups and downs. Currently in a global recession. The automotive industry to develop new strategies and to sign new contracts and joint ventures in an attempt to stabilize and prevent the decline of others.
And ‘particularly useful to rationalize the tax and customs policies to support companies for the production of auto parts.
Automotive parts and automotive component manufacturers, and do most of the automotive industry worldwide. Production of automotive industry consists of manufacturers of commercial vehicles, motor body builders, automotive parts and accessory manufacturers. This is involved in the production of passenger cars and light motor vehicles in the personal benefits of public transport vehicles and chassis, taxis, trucks and utility trailers, buses, military vehicles, small and heavy vehicles and main engines.
In 1997, most of the cars, construction companies have passed the lowest point of critical and began to increase production, restructuring themselves taking into account the needs of consumers, the solvency and overall economic situation. So, in the first six months of 1997 was significantly higher volume of production over the same period in 1996.
The global automotive industry is very diverse and covers various sectors such as manufacturers, suppliers, distributors, retailers, original equipment manufacturers, automotive engineers, spray painters, engine mechanics, auto electricians, spare parts parts manufacturers, body shops, fuel producers, environmental and road safety groups and even many unions.
World leaders in the automotive industry are the United States, Japan, China, Germany and South Korea. The United States is the largest producer and consumer of motor vehicles and cars accounted for almost 6.6 million direct and indirect employment. The automotive industry is one of the most important consequences in the world, providing employment to 25 million people around the globe. The industry is dominated by five companies auto giant, namely Toyota, General Motors, Ford Motor Company, Volkswagen AG and Daimler Chrysler. These companies have their presence in almost every country in the world and continue to invest in production facilities in emerging markets, namely Latin America, Middle East, Eastern Europe, China, Malaysia and other markets in Southeast Asia. To overcome some of the costs of production of many traditional automakers have created there are units in the world.
Engine parts are one of the largest parts of the automotive industry. The latest trend in this sector is the outsourcing of part of the engine at various suppliers that provide a good comparative expertise and technology. Recently, the automotive industry is experiencing its worst periods. The global giants are facing the most difficult economic crisis. It also causes considerable losses to the labor force in terms of jobs lost. There are various factors behind the decline of the automotive industry is seriously affected as a whole. However, it is hoped that this industry is an integral part of modern life, and has proved popular in previous recessions have perseverance and resilience to bounce back.