The auto industry refers to the sector of the economy that involves the design, development, manufacturing, marketing, and selling of motor vehicles. This includes a wide range of vehicles such as cars, trucks, buses, and motorcycles. The auto industry encompasses various companies, from large automobile manufacturers to suppliers of parts and components, dealerships, and service providers. It plays a significant role in the global economy, influencing job creation, technological innovation, and trade. The industry is also closely linked to advancements in sustainability and environmental concerns, leading to the development of electric and hybrid vehicles as alternatives to traditional internal combustion engine vehicles. Overall, the auto industry is a key component of modern transportation systems and has a profound impact on society and the economy.
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