When something is produced for the first time and people start appreciating it in that case the demand of such product increases. Although if one country starts producing it all alone and start earning money from such product then other countries also follows. They feel it is profitable and there is margin of gain globally because it gets recognition at international level it becomes an international brand. Thus when the product gets manufactured and sold globally it takes the shape of an industry. There are lots of industries all over the world, which are producing different and important accessories of life in which automobile industry is one of them. There is no doubt automobile industry is fastest growing industry as compared to the other industries and it is largest purchaser industry of other industry product such as steel. Beside this automobile create many jobs opportunity all over the world. As automobile making is the team work for this it need people such as engineer, marketing person and other people as well. Automobile industry produces different types of automobiles in which you can find the cars, buses, trucks or motorcycles as well as other vehicle too. Automobile industry is based upon the automobile models designing; planning, its manufacturing and marketing, without all these factors automobile cannot progress. All these factors make automobile industry successful and make it a largest growing industry. United state of America, South Korea, Germany and Japan all of them has major role in automobile industry because they are car-producing countries.

Automobile industry does not hold the full advantage for it own progress but it also provide advantages to others. Due to the automobile industry people get job and it open the new opportunity of business as traveling was not easy until automobiles was not manufactured. The cost of transportation got reduced because auto industry introduced mass production due to this all the goods can move in one round rather more than one. Beside this different manufacture corporation companies also got chance to promote they companies all over the world due to joint venture. All these companies, multinational in other words have manufacturing plants in other countries. The one of the prominent example of Big Three in the history of automobile industry that nobody can ignore them is the Big three USA automakers, which are General Motor Corporation, Ford Motor Company and Daimler Chrysler. These are few advantages, which we have mentioned that automobile industry provides in bringing solidarity to the economy of the country.

Automobile industry in 2008-2009 is facing some finical crisis and due to the increase in prices of fuel also affected the marketing sale of the automobile. Particularly U.S.A automobile industry got badly affected with such reasons and got damaged due to the high wage and increase in the cost of the material. Due to such reasons automobile industry has started moving towards the Asian countries because you can find low cost labour over there particularly in china and India. China automobile industry seems to be growing more prominently and it is not only making it mark for producing cars but is also rising in producing auto spare parts too.