automotive industry stakeholders

In the automotive industry, stakeholders include companies that design and manufacture vehicles (automakers), suppliers providing parts and components, dealerships selling cars to consumers, financial institutions offering loans and leasing options, government agencies regulating safety and emissions, and consumers who purchase and use vehicles. Additionally, labor unions advocate for workers, investors fund companies, and communities may be impacted by manufacturing activities. All these groups collaborate and influence each other, shaping how vehicles are developed, produced, sold, and regulated, ensuring the industry functions smoothly and meets market demands and safety standards.