Automotive Sector

The automotive sector encompasses the design, production, and selling of vehicles, including cars, trucks, and motorcycles. This industry involves various stages, from manufacturing components like engines and tires to assembly and distribution. Key players include manufacturers (like Ford and Toyota), suppliers providing parts, and dealerships selling vehicles to consumers. The sector is heavily influenced by technological advancements, such as electric vehicles and automation. It also plays a critical role in the economy by creating jobs, contributing to international trade, and affecting environmental policies through emissions regulations and sustainable practices.