Automotive industry

An automotive assembly line at Opel Manufacturing Poland in 2015
SEAT, Škoda, and Volkswagen cars being transported by train in Kutná Hora, Czech Republic in 2014

The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles.[1] It is one of the world's largest industries by revenue (from 16% such as in France up to 40% to countries like Slovakia).[2][failed verification]

The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry[3][need quotation to verify] (1860–1930), first came into use with reference to automobiles in 1898.[4]

  1. ^ Automotive industry at the Encyclopædia Britannica
  2. ^ "The 2021 EU Industrial R&D Investment Scoreboard" (PDF). European Commission. Retrieved 27 February 2022.
  3. ^ Scientific and Technical Societies of the United States (Eighth ed.). Washington, DC: National Academy of Sciences. 1968. p. 164. Retrieved 25 March 2014.
  4. ^ "Automotive Industry". carbidebur.com. Retrieved 26 November 2023.