This article will give you detailed information on what automotive is with the types, components, categories, and courses of automobiles.
According to the dictionary,
Automotive can be defined as anything that has the ability to move itself or is self-powered i.e self-propelled machines or vehicles.
Some companies or organizations oversee the business of the automotive industry. Industry in terms of the production, maintenance, painting, washing, marketing, and selling of vehicles.
Please don’t get yourself with the automotive and automobile as they’re two different terms.
What is the Difference between Automotive and Automobile?
While both terms are related to the vehicle industry, Automotive refers to any machine that can move by itself (Self-powered vehicles). Meanwhile, an Automobile typically refers to 2 – 4 wheels automotive vehicles with seating space for more than one person.
However, automobiles are regarded as any vehicle that runs on 4 wheels. The difference is quite clear; automotives are machines that can move by themselves, be it airplanes, trucks, bicycles, cars, etc. Meanwhile, automobiles focus mainly on the on-road vehicle mainly used for small people’s transportation.
Also, in a new development, it has been found that automobiles are grouped into four different types, which implies that cars might not be the only automobiles as claimed.
Here are the 4 main types of Automobiles
- Petrol Vehicles – cars
- Diesel Vehicles – trucks, buses e.t.c
- Steam Vehicles – Railways
- Gas Vehicles – LPG and CNG vehicles, LPG is used in aircraft and helicopter engines
So, as you can see, we can also call automobiles the end product of the automotive industry.
What is an example of Automotive?
As explained earlier, Automotives are machines that are self-powered either with the help of an internal combustion engine or by electricity.
Below are examples of Automotives,
- Cars
- Airplanes
- Trucks
- Motorcycles
- Trains
- Tricycles e.t.c
What is the work of Automotive Industries?
Automotive industries play a vital role in automotive production as they help in the planning, designing, production, wholesale, retailing, wholesale, painting, and maintenance of vehicles.
They manufacture all components, including the engines and bodies (casing), except for the battery, fuel, and tires.
I know you should be asking what is considered the automotive industry; it’s something we see and hear every day.
Examples of Automotive Companies include;
- Tesla
- Toyota
- Ford
- Honda
- Volkswagen
- BMW
- Mercedes Benz
- Suzuki
- Kia
- Audi
- Porsche
- Hyundai Motor Company
- Chevrolet
- Mazda
- Bajaj
- General Motors
- Nissan e.t.c
Automotive Industry Categories
The automobile industry is split into different segments, of which some specialize in motorcycles and tricycles while the majority are focused on 4-wheel vehicles.
Below are the 4 segments into which automotive are divided:
- Two-wheelers (motorcycles)
- Three Wheelers (Tricycles)
- Passenger Vehicles ( cars)
- Commercial Vehicles (Heavy vehicles)
Two-wheelers and passenger vehicles are the largest automobile market in the world. Next is the Three Wheelers and then the Commercial Vehicles.
Challenges in the Automotive Industries.
Now that we’ve known what Automotives are, let’s round this up by looking at some of the problems encountered by automotive industries over the years.
Fewer Sales
What happens when a company doesn’t meet sales expectations on a new product? They’ll either change their audience, change or cancel the product or fold up if there’s no adequate funding.
Insufficient or no sales can cause frustration if it isn’t handled properly might lead to bankruptcy.
Liquidity
Liquidity implies the ease at which an asset can be converted to cash without affecting its market price.
Let’s use the pandemic; for instance, many small businesses closed down due to a lack of funds, mostly due to a lack of cash to move further since their lockdown placed restrictions on so many marketplaces.
Cut off the supply chain.
Back to the pandemic, most automobile industries must prepare for times like this as restrictions may be placed on importations and traveling.
On the other hand, China has two-thirds of the world’s vehicle manufacturing companies shut down and, as a result, caused a decline in supply.
Manufacturing limitations
The automobile industry isn’t where you can easily work from home since you’ll need to be at the workplace for efficient outputs.
In a case of social distancing or lockdown, the marketplace has no option but to shut down its operations until order is restored.
Except if there’s a speed in technology development, manufacturing lockdowns will continue.
That’s it.
Conclusion.
I hope this article has helped you in defining what automobiles are.
Let’s not forget the automotive industry, which plays a great role in manufacturing, retailing, and wholesale automobiles.
That’s all you need to know about automotive.
Kindly drop a comment below if you have any questions.
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