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Come year 2020 and the big automaker Volvo could roll out a car that’s supposed to be “injury proof.” This car would achieve this feat by incorporating an automatic braking system and a steering system as well. Its automated braking and steering would be heavily assisted by the data about what lies ahead of it, supplied by a high tech electronic system installed within.



Deaths on road due to crashes make up for the highest percentage of deaths due to injury. About 1.2 million people die and about 50 million are injured in road accidents each year. Further, each day over 1000 children and youngsters below the age of 25 years are killed in road traffic accidents. Apparently, the situation is quite grim, and with more and more automobiles surfacing on road everyday, the figures could be worse if proactive measures aren’t taken to curb it.


Showing prudence and resolve the popular carmaker seems to have led the way to make cars safer and their occupants safe. Although, still being worked upon by the R&D teams of the company, the would-be system of steering and braking in automobiles is being hailed as quite a revolution in car safety, akin to the invention of seat belts.

Be it any brake system, such as the ones comprising disc brakes, hydraulic brakes, drum brakes or power brakes, the proposed system supercedes them all by including automation as one of the brake components. The development of the steering and braking system for automobiles entails borrowing knowledge from other industries such as aviation, and strives to build a safety system that forestalls the accident hours, rather than seconds before the accident. Consideration of car safety is pertinent and widespread amongst buyers of new cars, perhaps improving car safety has a great potential to translate into real profits for car makers, in addition to its intended objective. If the technology’s implementation goes on smoothly, then in a couple of years’ time, car occupants could walk out safe from potentially deadly car crashes.

Source : [ Automotive Online ]


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The worldwide automobile industry is largely dominated by five leading automobile manufacturing corporations namely Toyota, General Motors, Ford Motor Company, Volkswagen AG, and Daimler Chrysler. These corporations have their presence in almost every country and they continue to invest into production facilities in emerging markets namely Latin America, Middle East, Eastern Europe, China, Malaysia and other markets in Southeast Asia with the main aim of reducing their production costs.



SIZE OF THE AUTOMOTIVE INDUSTRY

The automotive industry occupies a leading position in the global economy, accounting for 9.5% of world merchandise trade and 12.9% of world export of manufacturers. This industry manufactures self-powered vehicles, including passenger cars, motorcycles, buses, trucks, farm equipment, other commercial vehicles, automotive components and parts.

The United States of America is the major revenue source for the global automotive industry with a market share of $432.1 billion, occupying for 37.2 percent of the world's marketplace. In the year 2006, America sold around 16.5 million vehicles. The automobile industry's revenue was $85,620,000,000 in the year 2006. There were 200 countries that conducted foreign trade with the U.S. in 2006, exactly the same as year 2005. The leading countries that did trade with US in 2006 were: Canada, $49,844,026,000 (28.67%); Japan, $45,906,127,000 (26.40%); Germany, $25,749,794,000 (14.81%); Mexico, $17,745,627,000 (10.21%); and Korea, $9,525,028,000 (5.48%)......[Read Complete Story]

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