Automotive industry design, develop, produce, market, and sell motor vehicles, and is one of the most important sectors of the economy in the world by revenue. Automotive industry term usually does not cover industries dedicated to the car after delivery to customers, such as garages and motor fuel filling stations.
Approximately 250 million vehicles currently in use in the United States. Around the world, there are approximately 806 million cars and light trucks on the road in 2007, consuming more than 260 billion gallons of gasoline and diesel per year. In the opinion of some, urban transport systems based around the car has proved unsustainable, excessive energy consumption, which affects public health, and providing service levels to decline despite increased investment. Many negative impacts that fall disproportionately on the social groups that are also most likely to own and drive a car. This movement focuses on sustainable transportation solution for this problems.
Detroit Branch of the Boston Consulting Group predicts that, in 2014, one third of world demand will be in the four BRIC markets. Another potentially powerful automotive market is Iran and Indonesia.