“All of the biggest technological inventions created by man - the airplane, the automobile, the computer - says little about his intelligence, but speaks volumes about his laziness”. ….Mark Kennedy
We actually don’t agree with these lines don’t we, because these inventions made by men gave birth to some of the biggest industries of the world…
…Little did the French Engineer,
Nicolas J. Cugnot thought that his

invention of the first automobile i.e. the self-powered, 3-wheeled military tractor in 1769 would motivate so many great Engineers (Oliver Evans, Robert Anderson, Thomas Davenport, Scotsman Robert Davidson and Henry Ford) and lead to the invention of one of the most important and the biggest industry in the world…..
The Automobile Industry!!
The
Automobile Industry designs, develops, manufactures, markets, and sells the world's motor vehicles. With the growing
thirst and
passion for technologically new and latest vehicle amongst the rich as well as the masses, the automobile industry is
growing.. growing and.. growing. Well this can be proved by the given figures:- In 2007, more than 73 million motor vehicles, including cars and commercial vehicles were produced and a total of 71.9 million new automobiles were sold worldwide: i.e. there were about 806 million cars and light trucks on the road.
Gosh!!! Can we even imagine what these figures actually mean??
Well I guess I shouldn’t mess with these figures right now so let us put it aside for sometime...But before moving ahead letz just look at some of the key players in the Automobile Industry like the –
Toyota, GM, Honda, BMW, Fiat, Suzuki, Nissan, Renault, Mitsubishi, Porsche, Mercedes Benz…etc
This Automobile industry is catching its speed very rapidly. But guys, we got to know that its no longer being dominated only by the developed countries. Now its time for the developing countries to taste their share of
success….
WOW!!
But Why this sudden change???...Well, this change did not occur suddenly:
The current trends of the
Global Automobile Industry reveals that in the developed countries, the Automobile Industries are stagnating as a result of the drooping car markets , whereas the Automobile Industry in the developing nations, such as, India and Brazil, have been consistently registering higher growth rates every passing year for their flourishing domestic automobile markets. With developed markets almost saturated, world auto industry is now focused on developing markets of South America and Asia, and Eastern Europe with special emphasis on
BRIC (Brazil, Russia, India, and China).
We wonder as to how do these
BRIC guyz managed to do it??
The answer is right in front of us…rapid growth of the national economy is helping the population of these countries to purchase more n more cars. As a result of this, leading auto manufacturers of world are setting up factories in emerging markets, in order to serve potential consumers better as well as reduce manufacturing and shipping costs.
Ohkkkkkkk…But, does that mean the developed countries have lost it completely…. Well i guess to a certain extend
yes (with exception to the Japan),
e.g. the struggling General Motors of U.S. which was the worldwide leaders of The Auto industry is no longer considered as the
Market leaders, because the rapidly growing Toyota Motor Corporation of Japan has successfully taken that place. This shows that the auto industry in the developing countries are really working hard and flourishing.
“A business like an automobile has to be driven to get results". ..…B C Forbes