The modern automobile world traces its roots to 237 years of relentless innovation, starting with Hans Hautsch’s clockwork car in 1649 and culminating in Karl Benz’s patent on January 29, 1886. As we observe World Automobile Day, it is the time to honor the countless brilliant minds who devoted their time, effort, and resources to creating vehicles that revolutionized human travel.
Today on this World Automobile Day, GCC Business News makes its effort to recognize the importance and value of this industry. The automobile sector is constantly evolving with innovations, allowing humans to commute in style and security.
Can we imagine a world without a car, bus or any other mobility service? These making-your-life-easy automobiles shape our day-to-day lives. As we celebrate World Automobile Day, the innovation and never-ending evolution in the automobile industry need to be discussed. This article sheds light on the modernization of the industry.
History
World Automobile Day is celebrated on January 29th to honor Karl Benz, a German inventor, and who known as the ‘Father of the Automobile’, applied for a patent in 1886 for his Motorwagen, which is considered the world’s first practical automobile powered by a petrol engine.
Highlight
“As the saying goes, ‘Behind every successful man, there is a woman’, and it was indeed a woman who supported Karl Benz, with all her resources for his dreams and plans to come true. Bertha Benz, his wife, made sure that this invention went down in history. Bertha owns the title of the world’s first long-distance journey in an automobile, as she completed a journey of 106 kilometers in her husband’s Motorwagen.”
Factors pushing automobile industry
Cut to 2025, after 139 years we now have on-the-field prototypes of flying cars. So why does the world eagerly wait for updates from the automobile industry? What is the fuss about it? Let’s take a look at the reasons.
Lower Emission – Low-carbon hybrid models see a booming demand all over the world. Mostly due to the pressing issue of global warming and balancing the need for reliable power with environmental sustainability by optimizing the usage of low-carbon options. Recent reports suggest that 2024 was the first year in history when mean global temperature went 1.5 degrees Celsius over pre-industrial levels.
Innovation – The real competition and evolution in this industry lie in innovation. Shifting from brands is a strong reason for this. With the integration of new-era technology, demands for the latest designs and specifications seem to be a booming factor.
Government policies – Investment in Infrastructural development and policies supporting the industry has been enacted over the past few years, resulting in the discovery of new lucrative markets.
According to Deloitte’s survey conducted from October through December 2024, the 2025 Global Automotive Consumer Study explores four key trends:
- All-battery electric vehicle (BEV) inertia remains muted in most markets as interest in internal combustion engine (ICE) and hybrid vehicles ticks up.
- Intended vehicle brand defection is on the rise in many markets around the world.
- Autonomous vehicles are coming back into view, but consumer concerns remain.
- A relatively high frequency of vehicle use persists in many markets, but many younger consumers surveyed are interested in mobility-as-a-service (MaaS) over ownership.
Conclusion
A car is a vital part of a house. It now resonates with decent living in a societal environment. With the global automobile industry expecting growth to go around $3969.84 billion by 2030, the demands and expectations of smart mobility will grow exponentially.
The industry has been now led by kingmakers, such as Elon Musk who is at the forefront of technological integration for his renowned EV – Tesla. So, let’s see what innovations await us in this exciting world of automobiles, and let’s celebrate ‘World Automobile Day’.
Important | Arabian Automobiles breaks ground for distribution center at Dubai Industrial City
YOU MAY LIKE
Saudi German Hospitals UAE teams up...
Saudi Arabia’s flyadeal joins International Air...
Salam shines at Global Labor Market...
AD Ports begins operations at Noatum...
Red Sea Global redefines ultra-luxury living...
IDC unites with e& enterprise for...
Simplex raises $13mn to build CNC...
PEUGEOT unveils new 3008 and 5008...