AutomotiveWatch
 
History of the Automotive Industry
The Automotive Industry by Country
Japan
United States
China
India
Germany
Italy
Korea
France
United Kingdom
Brazil
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The Automotive Industry by Car Category
Small Cars (Economy Cars)
Midsize Cars (Family Cars)
Large Cars & Luxury Cars
Station Wagons (Estate Cars)
SUVs (People-Movers)
Sports Cars (Cabriolets)

Station Wagons (Estate Cars) industry

Station Wagons (Estate Cars) industry is again in booming period with the advent of several types of station wagons in global market. Station wagons are coming back in vogue with annual sales rising to newer heights.

Major stars of Station Wagons (Estate Cars) industry are BMW, Audi and DaimlerChrysler and Mercedes-Benz. Mercedes-Benz built nearly $50,000 wagons, Volvo is known for making somewhat less expensive models. There are some affordable wagons also available in the market manufactured by Ford, Saturn, which is an auxiliary company of General Motors, Toyota, and Volkswagen.

Ford Taurus wagon was once known as the best-selling wagon in America. Now sales of this brand has diminished to large extend. The sale was decreased by 30,000 per year and in next year; this brand will be no more available in the market. There were similar other brands of station wagons that have withdrawn form the market like Honda Accord wagon and Toyota Camry wagon.

Cars like "sport wagons", "sports tourers" all fall in the category of station wagons. These cars together sums to only tens of thousands of units in a market, which sells almost 17 million cars per year. Station Wagons (Estate Cars) industry is an upcoming industry. Lexus RX 330, Honda Pilot and Buick Rendezvous are some of the most wanted station wagons. Recently, General Motors has launched Cadillac which doing a good business. A sharp hike in gas and energy prices has created a debate on the future of Station Wagons (Estate Cars) industry. There has been a decline in suburbs and edge cities dependence on cars.

The global car industry has strengthened ever since it was initiated. There were 270 car companies in the world in the late 1920’s. Most of these companies were based in America. It is from here that the three greatest companies G M, Ford and Chrysler emerged. In year 2004, the global car industry was made of seven big groups and three comparatively smaller groups. The six major groups like GM, Toyota, Ford, Renault/Nissan, Volkswagen and DaimlerChrysler accounted for 70 percent of global sale of automobiles.

(c) Stanley Street Labs, 2008