The auto industry is one of the most important industries in the world, with an annual sales volume of more than 30 million cars and light trucks sold annually. The automotive industry is also one of the most profitable industries in the world. It has over $4 trillion dollars in revenue and over $1 trillion dollars in profits
The automotive industry has played a major role in improving personal transportation and increasing fuel consumption. With the improvements in personal transportation and rise of alternative energy system, it is inevitable that we would see involvements by automotive industry. It has shown great promise with its leadership position in producing eco-friendly vehicles promoting own emission technology.
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