Automotive Manufacturing Global Group of Eight (G8) Industry Trends-Ken Research

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Automobile Manufacturing In G8 Countries, Trends
To The Future Ken Research
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The global car manufacturing industry produces
large amount of revenue and is the one of the
fastest growing industries all over the world.
The landscape of this entire industry has been
completely changed with group of 8 countries (G8)
leading this dynamic market. Many new trends have
been witnessed from electric vehicles to
autonomous automobiles which have the potential
to change the future of mobility
segment. According to the study, Automotive
Manufacturing Global Group Of Eight (G8) Industry
Guide 2013-2022, among the G8 countries, United
States is the leader in the automobile
manufacturing industry which is followed by Japan
and Germany. American automobile manufacturing
industry is a huge contributor to their own
national GDP. Automobile manufacturers are also
the largest exporters in the United States
generating huge amount of revenue from it. Not
only in the terms of revenue generation but
companies in USA are also the largest investors
of RD who put huge amounts into not only design
of cars but also cost efficiency with respect to
total as well as on road cost. Fiat Chrysler
Automobiles, Ford Motors and General Motors are
the companies with largest market share that are
operating from United States. Not only this, but
automobile sector is also one of the major
employers in the United States. Automobile
companies in collaboration with technology giants
such as Google and Apple to build autonomous
vehicles and this trend has risen from the United
States only primarily due to the presence of
advanced infrastructure and presence of multiple
highly advanced technology firms.
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Japanese Automobile industry is one of the core
industrial sectors in the country. The country is
not just a massive consumer for the automobile
industry but also a huge exporter. The country is
the highlight when it comes to production of
passenger vehicles. The country houses some of
the most prominent car manufacturers of the
world. These include Toyota, Hyundai, Nissan and
Suzuki to name a few. Automobile certificate
verification is essentially based on type
approval system which covers all types of
vehicles, both domestic and imported. The overall
regulatory environment in Japan is not very
comprehensive and requires just few
certifications before the companies can start
manufacturing the new proposed model. Germany is
the third largest manufacturer of Automobiles
amongst the G8 countries. Germany is known not
for its huge production potential or exports but
for its cutting edge technology it implies in
production of automobiles. The cars produced in
Germany are top quality when it comes to design
and safety because of the innovations in their
assembly lines and production processes. The
automobile industry in the Germany is the biggest
in the European Region. Some of the world famous
brands such as Audi, Porsche, Mercedes as well as
Ford are German born products. Due to the rising
energy concerns, manufacturers in Germany were
the first to shift to electric manufacturing of
cars. While this is a new trend in other
countries, Germany has well advanced its research
into this segment.
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The future of the global automobile industry is
very bright with some new trends like electric
vehicles and autonomous vehicles picking up the
pace. The G8 countries especially USA, Japan and
Germany are expected to lead the trend due to
huge resources available with the companies in
these countries which translate into their
ability to sustain this change. For More
Information, Refer to the Link below https//www.
kenresearch.com/automotive-transportation-and-ware
housing/automotive-and-automotive-components/autom
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