automotive industry History, Overview, Definition, Developments, & Facts

The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world’s largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm.

• Top models of BMW and Audi cars are shipped as finished automobiles (CBU – Completely Built Up), while other models are assembled on site.
• Representatives from the automotive supply chain and process manufacturing industries at the decision-making level participated in the survey.
• Our design, quality, reliability, packaging and PPAP tools help you go from concept to design to production faster.
• Expleo global Business Transformation Index for 2022, finding that 61% of businesses believe fast-paced innovation is key to success.