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    Aguilar Hues River M. Bsce 2a

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    Joshua Valencia Sanchez
    The document discusses modern vehicles and provides 3 key points: 1) Compared to earlier generations, modern cars offer more technology and safety features. 2) The global vehicle market was valued at $2.9 trillion in 2022 and is growing at 3.1% annually, predicted to reach 122.83 million units by 2030. 3) While cars provide convenience and economic benefits, they also have environmental and financial drawbacks like greenhouse gas emissions and high ownership costs.

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    Aguilar Hues River M. Bsce 2a

    Uploaded by

    Joshua Valencia Sanchez
    29 views6 pages
    The document discusses modern vehicles and provides 3 key points: 1) Compared to earlier generations, modern cars offer more technology and safety features. 2) The global vehicle market was valued at $2.9 trillion in 2022 and is growing at 3.1% annually, predicted to reach 122.83 million units by 2030. 3) While cars provide convenience and economic benefits, they also have environmental and financial drawbacks like greenhouse gas emissions and high ownership costs.

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    AGUILAR-HUES-RIVER-M.-BSCE-2A

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    The document discusses modern vehicles and provides 3 key points: 1) Compared to earlier generations, modern cars offer more technology and safety features. 2) The global vehicle market was valued at $2.9 trillion in 2022 and is growing at 3.1% annually, predicted to reach 122.83 million units by 2030. 3) While cars provide convenience and economic benefits, they also have environmental and financial drawbacks like greenhouse gas emissions and high ownership costs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    29 views6 pages

    Aguilar Hues River M. Bsce 2a

    Uploaded by

    Joshua Valencia Sanchez
    The document discusses modern vehicles and provides 3 key points: 1) Compared to earlier generations, modern cars offer more technology and safety features. 2) The global vehicle market was valued at $2.9 trillion in 2022 and is growing at 3.1% annually, predicted to reach 122.83 million units by 2030. 3) While cars provide convenience and economic benefits, they also have environmental and financial drawbacks like greenhouse gas emissions and high ownership costs.

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    of 6

    It all start's with a dream.

    EXHIBIT
    CAR MAGAZINE
    Modern car recommendations for you.
    Contains about the development of cars in
    the past years. Compared to earlier
    generations of cars, modern vehicles offer
    more technology and safety features.
    HUES RIVER M. AGUILAR BSCE-2A
    Table of

    01 The Introduction
    of Car Vehicle

    Vehicle Market
    02
    Globally

    03 Pros and Cons

    04 From my Perspective
    01
    What is Car Vehicle?
    A vehicle is a machine such as a car, bus, or truck which has
    an engine and is used to carry people from place to place. The
    first automobile powered by a steam engine that could
    transport people was built in 1769.

    Earlier accounts often gave credit to Karl Benz, from Germany,


    for creating the first true automobile in 1885/1886. However, our
    knowledge of the invention of the true automobile continues to
    evolve.
    02
    VEHICLE MARKET
    GLOBALLY
    The current global market for Automotive Manufacturing
    was valued at $2.9 trillion in 2022, and it is currently growing
    at a CAGR of 3.1% following several years of decline where
    the market dropped by 0.6% between 2017 and 2022.

    The industry is predicted to continue growing at a CAGR of


    3.71% between 2020 to 2030, and will consist of 122.83 million
    units by the end of the decade, representing a significant
    leap from 2020’s 85.32 million units. Currently, the
    automotive manufacturing industry is ranked 1st out of all
    global manufacturing industries in terms of market size.
    PROS
    Environmental Impact:
    03
    Drivers can limit greenhouse emissions by buying a fuel-
    efficient car and keeping it maintained. It’s not as good as
    walking or riding a bicycle, but it’s a step in the right direction.
    Costs:
    Owning a car can also help people make money. Some
    employers favor people with reliable transportation, and some
    jobs require a car. Car owners can also make some extra
    money by moonlighting as an Uber or Lyft driver.
    Convenience:
    Cars are associated with personal freedom for a reason.
    Having a car means you can go wherever you want, whenever
    you want, without having to check bus routes or wait for ride-
    sharing service.

    Environmental Impact:
    CONS
    Most cars run on gasoline, and this releases carbon dioxide, a
    greenhouse gas, into the atmosphere. According to the United
    States Environmental Protection Agency, transportation is
    responsible for 27 percent of U.S. greenhouse gas emissions.
    Costs:
    Car ownership is expensive. It’s not just the cost of the car
    itself, either. On top of that, you have many other expenses
    that can really add up. For the average driver, these expenses
    can include gas, insurance, registrations fees and etc.
    Convenience:
    Cars do come with inconveniences, such as maintaining
    registration and finding a place to park. If you own a car and
    your friends don’t, they might want you to give them rides
    frequently.
    PERSPECTIVE
    When I was 17 years old, I had a dream of owning a Honda Civic,
    also known as the "LEGEND OF THE 90's." My cousin, who owns
    this car and taught me how to fix and maintain cars, also had
    an influence on me. Then, as my interest in these things grew, I
    began to watch Japanese JDM automobile vlogs and Car
    detailings.

    Later, my father gave me a car as a graduation gift from senior


    high school. I was hyped and I became very interested in these
    things and they eventually became my hobby. I began
    repairing my own vehicle, such as changing the oil and filters
    and solving serious engine problems.

    I learnt a lot through research data and YouTube videos upon


    this field, and as a result, I came to the position of car guy in our
    family. When I fix cars, it's like enjoying your favorite comfort
    meal constantly.

    04

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