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The global automotive and transportation industry is going through a difficult phase at present that has largely been the result of the slow recovery of the economy from the recent recession. At the same time, all modern global supply chains are completely dependent o... View more
The global automotive and transportation industry is going through a difficult phase at present that has largely been the result of the slow recovery of the economy from the recent recession. At the same time, all modern global supply chains are completely dependent on the automotive and transportation industry and it is one of the most important sectors in the world in terms of revenue. In fact, the automotive industry is a key component of the global manufacturing sector.
China, the United States, Japan and Brazil are some of the current leading nations in the world with regard to the automotive industry. Broadly speaking, the transportation industry includes motor vehicle transportation such as transportation vehicles, apart from ships, trains and airways, as well as the process of industrial supply of automotive components. The automobile industry is currently experiencing a slowdown in prospects, given the general tendency to incur less expenditure and rising oil prices, but the growth of the personal vehicle segment
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