Automotive Industry Market Worldwide - Statistics & Facts 2022-2027 | Industry Growth, Trends, Size, Share and Opportunity till 2027
Market Highlights
The automobile industry is driven by the production and sale of self-powered vehicles, including passenger cars, trucks, buses, and other commercial vehicles. The automobiles enable the consumers to commute long distances for work, shopping, and entertainment. The development of roads, increasing standard of living, increasing middle class population in developing regions, are the factors driving the automotive industry sector.
On the basis of vehicle type, the...