Which statement about VIN is true?

The vehicle identification number (VIN) is a unique code that serves several important functions for vehicles. It is indeed the vehicle identification number, which is crucial for identifying individual vehicles. The VIN consists of both numerals and letters; this combination allows for a wide range of unique identifiers, accounting for the vast number of vehicles produced worldwide. Additionally, the VIN is assigned by the manufacturer and is used for official registration and identification of the vehicle, ensuring that each vehicle can be tracked for ownership, recalls, and insurance purposes.

Each of these statements about the VIN contributes to a complete understanding of its significance in the automotive world, which is why the correct answer encompasses all of the provided statements. The comprehensive nature of the correct answer underscores the multifunctional role that a VIN plays in vehicle information systems.