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Tanmoy answered on
Jul 31 2022
PowerPoint Presentation
AUTOMOBILE INDUSTRY
Presented By: Mirna Loyola
Introduction
Automobile industry is key driver of US economy
Plays a dynamic role in economy and industrial development
Supports development of ancillary industries
Rational decision making
ings a structured thought process
Helps in making high value decisions
Automobile industry is the key driver of the economy. It plays a vital role in the economy and industrial development . It supports the development of some other industries by the procurement of raw material, those basic industries are steel, metal, plastic, petrochemicals, ru
er, glass, and so on. Therefore Rational decision making
ings a structured or reasonable thought process to the act of deciding. This can be very important when making high value decisions that can benefit from the help of tools, processes, or the knowledge of experts.
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Cu
ent State of US Automotive Industry
United States is the largest automotive industry globally
In 2018, the sales of Light Motor Vehicles (LMV) was 17.2 million units
US is the second largest automotive market globally – in sales and production
Industry & Analysis of automotive industry – enhance exports, investment provisions, negotiates trades and explores on global opportunities
The United States has one of the largest automotive markets in the world. In 2018, U.S. light vehicle sales reached 17.2 million units, the fourth straight year in which sales reached or surpassed 17 million units. Overall, the United States is the world's second-largest market for vehicle sales and production.
Industry & Analysis (I&A) staff of industry, trade and economic analysts devise and implement international trade and investment strategies to strengthen the global competitiveness of U.S. industries. By combining in-depth analysis with the International Trade Administration's industry relationships, I&A devises initiatives to unlock export and investment opportunities for U.S. businesses, represent the interests of U.S. industry in trade negotiations, and publishes research on global opportunities for U.S. companies (Eisenstein, 2021).
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Sales by Fuel Type (Electric, Hy
id & Gas)
Almost 17600 plug-in hy
id electric vehicles manufactured between July 2020 to September 2020
US accounted for â…• of total electric vehicles sales
The plug-in electric vehicle sales are still minuscule
In 2020, electric vehicles sales was 3.4% of all car sales
There is growing concerns towards ca
on emission
Between July and September 2020, around 17,600 plug-in hy
id electric vehicles were sold to customers in the United States. Plug-in hy
id electric vehicles accounted for about one fifth of plug-in electric vehicle sales in the United States. The percentage of all car sales that compose electric vehicle sales are still minuscule, with 2020 only seeing 3.4 percent of all car sales be hy
id or electric car sales. But with new environmental reports outlining the dire condition of climate change, more people are growing conscious of their ca
on emissions (Minos, 2021).
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Cu
ent Automotive Industry Trends
Autonomous Vehicles (AV)
Self-driven vehicles reduces manual driving
Transforms the transportation system
Helps to reduce the downtime and makes the transportation system safe
Shared Mobility
New business model have been structured
Shared mobility alternative of traditional vehicle alternative
Artificial Intelligence
Machine Learning and computer vision with robotic automation
a)Autonomous Vehicles (AV)
Autonomous vehicles or self-driving vehicles aim to minimize the need for human drivers and look poised to transform everyday transportation. Fleets of AVs expand the scope of last-mile deliveries, reduce downtime, and aim to make public transportation relatively safer.
)Shared Mobility
With connected vehicles, new business models have come up that focus on shared mobility as an alternative to traditional vehicle ownership
c)Connectivity
Nowadays, vehicles come with a tamper-proof digital identity that differentiates them from other vehicles in the network.Â
d)Artificial Intelligence (AI)
Artificial intelligence technologies such as machine learning, deep learning, and...