Modern trends in the development of the automotive industry in the world

Production and sale of cars has traditionally been one of the largest and fastest growing sectors of the world economy. Today, the main leaders in world car production are China, the United States, Japan and Germany. The significance of the automobile industry in the development of national economies is a universally recognized fact, therefore many other countries also try to develop their automobile industry, inevitably entering into competition with world leaders. In these conditions, the actual task is to choose the right strategy, combining the observance of national interests against the background of integration into the global economy. Entering the market for new players will have a significant drying on the supply-demand ratio and in the future will change the situation in the industry. The purpose of this study is to analyze trends in the development of the global automotive industry and identify key competitive factors in the future, understanding which will allow developing countries, as well as Russia, to compete successfully with today's automobile leaders.

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