The Car Industry is Worth PS78.9 Billion
The UK’s car industry is worth PS78.9 billion, which is equivalent to more than PS15 billion a year and contributes more than 15% to the UK economy. By 2030, the global automotive industry is expected to be worth $9 trillion. The car industry has changed as a result of changing consumer needs and wants. It is now more fashionable than ever to buy a car based on a trend. Upstream activities within the auto industry will be worth $60 billion in value by 2035.
Automotive aftermarket worth $273.4 billion in 2017
The automotive aftermarket is a growing industry, estimated to be worth $273.4 billion in 2017. This represents a 35 percent increase from four years ago, according to the Automotive Aftermarket Suppliers Association. While the industry is a complex one, it is important to keep in mind that most consumers consider the environment when shopping for a new vehicle. The …
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