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Also note that a single vehicle can be sold concurrently under several nameplates in different markets, as with for example the Nissan Sunny; in such circumstances manufacturers often provide only cumulative sales figures for all models. As a result, there is no definitive standard for measuring sales.
The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.
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A motor vehicle, also known as a motorized vehicle, automotive vehicle, automobile, or road vehicle, is a self-propelled land vehicle, commonly wheeled, that does not operate on rails (such as trains or trams), does not fly (such as airplanes or helicopters), does not float on water (such as boats or ships), and is used for the transportation ...
An automotive assembly line at Opel Manufacturing Poland in 2015 SEAT, Škoda, and Volkswagen cars being transported by train in Kutná Hora, Czech Republic in 2014. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles.
For all body styles the mean vehicle age increased fairly steadily from 1969 to 2001. [ 14 ] In March 2009, RL Polk released a study conducted between 2007 and 2008 which indicated that the median age of passenger cars in operation in the US increased to 9.4 years, and that the median age for light trucks increased from 7.1 years in 2007 to 7.5 ...
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Most car dealerships use a floorplan facility to finance their inventory and factor the cost of the facility into the price presented to the consumer. The practice of using floorplan loans to finance inventory creates an incentive for the dealers to sell vehicles as quickly as possible in order to reduce the amount of interest that will accrue ...