The United States has one of the largest automotive markets in the world and is home to many global vehicle and auto parts manufacturers. But many of those speaking this week indirectly touched on changes that might be forced when technology-based companies pushing into the automotive sector and even large-scale car manufacturing. AUTOMOBILE INDUSTRY became the world’s largest form of manufacturing by the middle of the twentieth century, making more money and employing more people than any other industry.
China’s emergence as the world’s largest automotive market also is fueling a burgeoning domestic auto industry to compete alongside more established global players. With some 169,000 people employed directly in manufacturing and in excess of 814,000 across the wider automotive industry, it accounts for 12.0{a775f47e5e8fab0076d6dd0f2239d5f40a1e14262a4fe67b7afc4fe8e63c40b1} of total UK export of goods and invests £4 billion each year in automotive R&D.
Each year, Canadian subsidiaries of the top auto brands in the …
