Automotive industry

The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles.[1][2] It is one of the world's largest industries by revenue (from 16% such as in France up to 40% in countries such as Slovakia).[3]

The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry[4] (1860–1930), first came into use to describe automobiles in 1898.[5]

  1. ^ Automotive industry at the Encyclopædia Britannica
  2. ^ Nieuwenhuis, Paul; Wells, Peter (2015). The Global Automotive Industry (1st ed.). Chicester: John Wiley & Sons. ISBN 9781118802397.
  3. ^ "The 2021 EU Industrial R&D Investment Scoreboard" (PDF). European Commission. Retrieved 27 February 2022.
  4. ^ Scientific and Technical Societies of the United States (Eighth ed.). Washington, DC: National Academy of Sciences. 1968. p. 164. Retrieved 25 March 2014.
  5. ^ "Automotive Industry". carbidebur.com. Retrieved 26 November 2023.
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