The automotive industry designs, develops, manufactures, markets, and sells motor vehicles, towed vehicles, motorcycles and mopeds as defined in ISO 3833, and is one of the world's most important economic sectors by revenue.
The term automotive industry usually does not include industries dedicated to automobiles after delivery to the customer, such as repair shops and motor fuel filling stations.
The term automotive was created from Greek «autos» (self), and Latin «motivus» (of motion) origins to represent any form of self powered vehicle. This term was proposed by SAE member Elmer Sperry and SAE changes acronym from «Society of Automobile Engineers» to «Society of Automotive Engineers» in February 1917.
Read more about Automotive Industry: History, Safety, Economy, Company Relationships, Top Vehicle Manufacturing Groups By Volume, By Total Production, Minor Automotive Manufacturers
Famous quotes containing the word industry:
“Bankers, nepotists, contracts and talkies: on four fingers one may count the leeches which have sucked a young and vigorous industry into paresis.”
—Dalton Trumbo (1905–1976)