Automotive refers to anything related to motor vehicles, specifically cars and trucks. This term encompasses the design, development, manufacture, marketing, and selling of automobiles. The automotive industry involves a wide range of activities, including engineering, manufacturing processes, and the development of technologies that support vehicle functionality and performance. It also includes aspects such as vehicle maintenance, safety regulations, and environmental considerations. The sector plays a crucial role in global economies, influencing transportation and mobility, energy consumption, and urban planning.
Elon Musk's net worth remains high at $336 billion, yet both his wealth and Tesla face market volatility. Tesla experiences a significant 45% drop in European sales, despite the region's…
Norway's electric vehicle market is now led by Toyota, surpassing Tesla due to a 45% drop in Tesla sales. Tesla's declining market share is also evident in France, Denmark, and…