Manpower Shortage In Automobile Industry

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Introduction: Automobile Industry
Automobile Industry, industry that produces automobiles and other gasoline-powered vehicles, such as buses, trucks, and motorcycles. The automobile industry is one of the most important industries in the world, affecting not only the economy but also the cultures of the world. It provides jobs for millions of people, generates billions of dollars in worldwide revenues, and provides the basis for a multitude of related service and support industries. Automobiles revolutionized transportation in the 20th century, changing forever the way people live, travel, and do business.
The auto industry has also reduced the overall cost of transportation by using methods such as mass production (making several products at once, rather than one at a time), mass marketing (selling products nationally rather than locally), and globalization of production (assembling products with parts made worldwide). Auto making became the world's largest manufacturing activity, with nearly 58 million new vehicles built each year worldwide. The automobile industry continues to be an important source of employment and transportation for millions of people worldwide
The three major automobile manufacturers are General Motors Corporation, Ford Motor Company, and Chrysler provide much of the industry's total direct employment in the United States, but increasingly automakers, such as Toyota Motor Corporation and Nissan Motor Co., Ltd., are building automobile assembly plants in the United States.
Indian Automobile Industry:
 The Indian automotive industry is being rapidly integrated into the global automotive supply chain and global automotive companies are looking to India not only for i ...
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