The Car Industry
The automotive or car industry is one of the largest sectors in the world today. It is an indispensable part of the world economy where majority of the first world countries fiercely compete in. The designing, developing, manufacturing, marketing and selling of cars are just among the many activities involved. Japan, Korea, the United States and Germany are considered four of the chief car producers. Generally, the bulk of the manufactured units go to the regions of Europe, Asia-Pacific and North America. Today, many other brands and manufacturers surface to bring to the market highly competitive and fuel-efficient car models. Meanwhile, other industry players like car dealers, insurance providers, and repair shops are actively pursuing to gain monetary profits and market shares from the booming car industry.