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:
“As our boys and men are all expecting to be Presidents, so our girls and women must all hold themselves in readiness to preside in the White House; and in no city in the world can honest industry be more at a discount than in this capital of the government of the people.”
—Jane Grey Swisshelm (1815–1884)