The development of new lightweight and strong materials and the design of new products are among the key elements for the development of new advanced construction and vehicle parts for the automotive industry. The use of composite materials in the automotive industry has been popular in recent decades due to the need to reduce vehicle weight, which directly affects fuel consumption and exhaust gases emission. In this way, the development of improved new materials with improved performance is accomplished. Nanocomposites represent a new class of materials that has excellent thermal and mechanical properties. The application of nanocomposites for development of automotive components is reflected in the improvement of the production rate, environmental and thermal stability, and the reduction in weight in the automotive industry, less wear parts, and indirectly to reduce CO2 emissions and environmental pollution. This research paper presents a review of the application of nanocomposites (metal, ceramic and polymeric) in the automotive industry.