8 March 2014. Yang, Xiaohua. Globalization of the Automobile Industry: The United States, Japan, and the People’s Republic of China. Connecticut: Greenwood Publishing Group, 1995. Print.
08 Apr. 2014. "Automobile Industry." International Encyclopedia of the Social Sciences. 2008, Ed Dinger, "Automobile Industry."
Interpretation Strong clusters are playing a significant role in the growth of industries and businesses. The clustering helps new developing businesses to succeed. The partnerships that are created benefit both sides, as is especially demonstrated in the automation and automobile industries. Analysis The Delgado et al. paper starts off with explaining the two roles of convergence and agglomeration.
Indian population has been on the rise and the need for more cars to satisfy their needs has been on the rise. India provides the motor industry with a unique taste of cars. According to Dhawan, Swaroop, and Zainulbhai (2012), India is a leading market that offers motor companies to acquire competitive advantage through diversification of its operations. India has a growing motor industry (Dhawan, Swaroop & Zainulbhai, 2012). The ability to invest in India’s motor industry makes it possible for companies to acquire a unique position.
A vehicle is one of the biggest purchases a person will ever make. Over the years, the prices of an automobile have increased due to the rise of inflation. Due to a price index, the price of an automobile changes over a certain period of time. Economists compare averages of automobiles to calculate the cost of each vehicle that presents itself on a car lot. When all of the above is calculated within the purchase of an automobile, it affects every area of making the automobile to selling the automobile.
As we all know, automobile industry plays an important part in the economy of USA; however, this industry is facing some environmental challenges. In this assignment, I would like to discuss about the challenges that the automobile industry of USA is struggling with. Specifically, there are four main challenges that will be looked into details which are global competition, new technology, emission’s effect on the environment and the government’s reaction, and the consumers’ opinion about the products. Firstly, the automobile industry of USA is facing an intense global competition. Beside some American brands of automobiles such as Ford, General Motors (GM), there are other foreign brands which are proving their positions in the automobile industry which are Honda, Nissan, Mitsubishi, Toyota from Japan, Hyundai Motor, KIA Motors from South Korean, Geely, SAIC, and Chery from China to name just a few.
Print. (6) Pandremenos, J., J. Paralikas, K. Salonitis, and G. Chryssolouris. "Modularity Concepts for the Automotive Industry: A Critical Review." CIRP Journal of Manufacturing Science and Technology 1.3 (2009): 148-52. Print.
The American Automotive Industry, popularly known as the U.S. Automotive Industry is one of the most rapidly evolving industries in North America. It is generally oligopolistic with a few players who in the past have been known to avoid price competition among themselves. The industry consists of industries manufacturing vehicles, car parts, replaceable parts and those engaged in assembling parts into complete models. However, the most dominant players in this industry are the vehicle manufacturers.
Information and money flow more quickly than ever. Global auto industry products and services are produced in several parts of the world are available in all over. International automobiles are more frequent. Globalization is an economic tidal wave that is sweeping over the world. The automobile industry is typically considered to be at the forefront of globalization.
Foreign-based Companies Investing in the U.S. Auto Industry. U.S.: Office of Aerospace and Automotive Industries, International Trade Administration, & U.S. Department of Commerce. 2007. Print. Nof, Shimon Y. Handbook of Industrial Robotics, Volume 1: Electrical and Electronic Engineering.