The automotive industry (progressive industries since antiquity)

The automotive industry is made up of a diverse group of businesses and institutions engaged in the design, development, production, marketing, and sale of automobiles. It is one of the most lucrative industries in the world (from 16 percent such as in France up to 40 percent to countries like Slovakia).

Additionally, it is the sector with the biggest investment in R&D.

The term "automotive" refers to any type of self-propelled vehicle and is derived from the Greek autos (self) and the Latin motivus (of motion).

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Elmer Sperry (1860–1930), the term's inventor, coined it, and the first time it was used in relation to automobiles was in 1898. 


History 

The horseless carriage was invented by hundreds of businesses before the automotive industry was founded in the 1860s.
The United States dominated global vehicle production for many years.
Before the Great Depression, in 1929, there were 32,028,500 automobiles in operation worldwide, with more than 90% of them coming from the United States.

America had one car per 4.87 people at that time.
About 75% of the world's auto manufacture occurred after 1945 in the United States.
Japan overtook the U.S. in 1980, and the U.S. regained the top spot in the world in 1994.
Japan narrowly overtook the United States in production in 2006 and maintained this position until 2009, when China overtook Japan with 13.8 million units.

China produced 19.3 million units in 2012, roughly produced 10.3 million units, which was twice as many as the United States, while Japan came in third with 9.9 million units.

The number of automotive models in the United States has increased exponentially from 1970 (140 models), via 1998 (260 models), to 2012 (684 models).

The assembly of early cars was done manually by a worker.

The method changed from engineers working on a stationary car to one that was transported through many stations of engineers with specialized skills.

Robotic technology was first used in the manufacturing process in the 1960s, and today the majority of cars are produced mostly by automated equipment. 



The automotive industry has been one of the most progressive industries since antiquity. 
Location: Takoradi, Ghana

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