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automaker
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue (from 16% such as in France up to 40% in countries such as Slovakia).
The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860–1930), first came into use to describe automobiles in 1898.
Chery has emerged as the first Chinese auto brand to export 5 million vehicles, but BYD is quickly closing the gap.
The post Chery becomes the first Chinese automaker to export 5 million vehicles appeared first on CarNewsChina.com.
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China’s biggest automaker, BYD, reportedly slowed production at at least four of its plants in China due to rising inventories.
The post BYD reportedly slows production in China due to rising inventory despite steep discounts appeared first on CarNewsChina.com.
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