Automotive industry In USA spurred by crossover vehicles

reogma|Automotive industry In USA spurred by crossover vehicles

The United States is ranked at the sixth position in terms of production of automobiles. It is home to global vehicle auto parts manufactures too. It is world's second largest market for automobile sales and production where vehicle sales reached 17.1 million units in 2017.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Automotive industry is a sector concerned with manufacturing that produces and sells motor vehicles. This industry is one of the oldest in the history of industrialization in the world and at present as it leaps to 21st century, it has continued to expand worldwide with early markets situated in countries like North America and Japan.

At present, most of the automobiles are with an internal combustion engine that require fuel to operate. However, the latest innovation in this sector include electric models and self-driving cars which are likely to rule the future automotive market in the world.

There are basically three types of motor vehicles produced and sold by this sector which are follows:

  • Passenger cars - A passenger car is a road motor vehicle, other than a motor cycle, intended for the carriage of passengers and designed to seat no more than nine persons including the driver seat. For example-SUV, crossovers, sedan etc.
  • Light commercial Vehicles (LCV) - They are being purchased to carry goods from warehouses to the consumer. The gross weight value of the vehicle is not more than 3.5 metric tonnes. This has created a new business model for many companies. For example- mini vans
  • Heavy commercial Vehicles (HCV) -It is also known as large goods vehicle. The gross weight value of such vehicles is more than 3.5 metric tonnes. For eg- trucks.


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The United States is ranked at the sixth position in terms of production of automobiles. It is home to global vehicle auto parts manufactures too. It is world's second largest market for automobile sales and production where vehicle sales reached 17.1 million units in 2017. Definition / Scope Market Overview […]
reogma|Automotive industry In USA spurred by crossover vehiclesreogma|Automotive industry In USA spurred by crossover vehicles

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