The automotive industry refers to the sector of the economy that is involved in the design, development, manufacture, marketing, and sale of motor vehicles. This includes a wide range of vehicles such as cars, trucks, buses, and motorcycles. The industry encompasses various components, including the production of automotive parts and accessories, the assembly of vehicles, and the establishment of distribution networks for sales and service. It is characterized by a complex supply chain involving numerous players, including manufacturers, suppliers, and retailers. The automotive industry is significant for its contributions to economic growth, employment, and technological innovation, particularly in areas such as electric vehicles and autonomous driving technologies.
Smart expands beyond compact urban cars with its first sedan, aiming to redefine its brand identity. The new sedan features a sleek, sophisticated design and innovative technology under the hood.…